I'm working with sovereign ratings at present. With regard to Moody's there are a few things unclear to me in their definitions. Both questions refer to the sovereign rating history in Bloomberg CSDR (Foreign Currency LT debt
)
What does a
(P)
prefix indicate? Example (taken from Cyprus):(P)Caa3
,(P)B3
and(P)Ba3
. It is not clear to me what this prefix indicates and I couldn't find any explanation in their methodolgy.What does the rating
WR
stand for?