Denmark Interest Rates

Country	Moody's	S&P	Fitch	DBRS	Scope Ratings
Denmark	Aaa Stable	AAA Stable	AAA Stable	AAA Stable	AAA Stable

Country	Date of Change	Rating Agency	Previous Rating	Previous Outlook	Current Rating	Current Outlook
Denmark	Aug 18, 2017	Scope Ratings	NR		AAA	Stable
Denmark	Sep 20, 2012	DBRS	NR		AAA	Stable
Denmark	Nov 10, 2003	Fitch	AA+	Stable	AAA	Stable
Denmark	Nov 05, 2002	Fitch	AA+	Stable	AA+	Stable
Denmark	Feb 27, 2001	S&P	AA+	Positive	AAA	Stable
Denmark	Sep 29, 2000	Fitch	AA+	Positive	AA+	Stable
Denmark	Sep 21, 2000	Fitch	AA+	—	AA+	Positive
Denmark	Aug 23, 1999	Moody's	Aa1	Positive	Aaa	Stable
Denmark	Feb 10, 1999	Moody's	Aa1	Stable	Aa1	Positive
Denmark	May 13, 1998	S&P	AA+	Stable	AA+	Positive
Denmark	Aug 10, 1994	Fitch	NR		AA+	—
Denmark	Oct 08, 1991	S&P	AA	Positive	AA+	Stable
Denmark	May 01, 1990	S&P	AA	Stable	AA	Positive
Denmark	Jun 26, 1989	S&P	AA	—	AA	Stable
Denmark	Mar 16, 1987	S&P	AA+	—	AA	—
Denmark	Aug 15, 1986	Moody's	Aa	Stable	Aa1	Stable
Denmark	Jan 06, 1983	S&P	AAA	—	AA+	—
Denmark	Mar 01, 1981	S&P	NR		AAA	—
Denmark	Sep 06, 1967	Moody's	NR		Aa	Stable

Table Key

Grade	Moody's	S&P	Fitch	DBRS	Scope Ratings
Prime	Aaa	AAA	AAA	AAA	AAA
High Grade	Aa1	AA+	AA+	AA (high)	AA+
	Aa2	AA	AA	AA	AA
	Aa3	AA-	AA-	AA (low)	AA-
Upper Medium Grade	A1	A+	A+	A (high)	A+
	A2	A	A	A	A
	A3	A-	A-	A (low)	A-
Lower Medium Grade	Baa1	BBB+	BBB+	BBB (high)	BBB+
	Baa2	BBB	BBB	BBB	BBB
	Baa3	BBB-	BBB-	BBB (low)	BBB-
Non-investment Grade Speculative	Ba1	BB+	BB+	BB (high)	BB+
	Ba2	BB	BB	BB	BB
	Ba3	BB-	BB-	BB (low)	BB-
Highly Speculative Grade	B1	B+	B+	B (high)	B+
	B2	B	B	B	B
	B3	B-	B-	B (low)	B-
Substantial Risk Grade	Caa1	CCC+	CCC+	CCC
	Caa2	CCC	CCC	CCC	CCC
	Caa3	CCC-	CCC-	CCC
Extremely Speculative Grade	Ca	CC	CC	CCC	CC
Extremely Speculative Grade			C	CCC	C
In Default with Little Prospect for Recovery		CD	RD	RD
In Default		SD		SD
	C	D	D	D	D
			DD	DD
			DDD	DDD
Not Rated	NR	NR	NR	NR	NR

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