Morningstar DBRS Confirms Republic of Ireland at AA, Stable Trend

DBRS Ratings GmbH (Morningstar DBRS) confirmed the Republic of Ireland's (Ireland) Long-Term Foreign and Local Currency - Issuer Ratings at AA. At the same time, Morningstar DBRS confirmed its Short-Term Foreign and Local Currency - Issuer Ratings at R-1 (high). Also, Morningstar DBRS confirmed Ireland's USD 50 billion Euro-Commercial Paper Programme (ECP Programme) Rating at R-1 (high). The trend on all ratings is Stable.