Morningstar DBRS Changes Trend on Ireland to Positive, Confirms at AA (low)

DBRS Ratings GmbH (Morningstar DBRS) confirmed the Republic of Ireland’s Long-Term Foreign and Local Currency – Issuer Ratings at AA (low) and changed the trend to Positive from Stable. At the same time, Morningstar DBRS confirmed its Short-Term Foreign and Local Currency – Issuer Ratings at R-1 (middle) and changed the trend to Positive from Stable. Also, Morningstar DBRS confirmed Ireland’s USD 50 billion Euro-Commercial Paper Programme Rating at R-1 (middle) and changed the trend to Positive from Stable.