Similar to an earlier questionan earlier question, I am now looking at S&P's sovereign ratings. Here, as in the case of Moody's, a few things are unclear to me in terms of the definitions used by Standard & Poor's.
Several sovereign ratings (Foreign Currency LT Debt, obtained through
CSDR
in Bloomberg Terminal), contain a suffixu
. For the case of Belgium, example given, ratings are denoted asAAu
orAA+u
. What does theu
stand for?What does the rating
SD
stand for?