Fitch affirms AAA rating for Luxembourg
Ratings agency Fitch Ratings has affirmed its assessment of Luxembourg’s government debt with a ‘AAA’ rating and a stable outlook.
Fitch sees 'limited contagion risk' from bond funds
European emerging-market bond funds pose limited contagion risk to the broader financial system in light of the conflict in Ukraine, rating agency Fitch said on Monday. The funds have low exposure to Russia, Ukraine and Belarus, which should limit the risk of a large increase in redemptions.