Gießen Financial Services

[Wieserreich]

Gießen Financial Services®
Sovereign Debt Ratings

Gießen Financial Services has a history dating back to 1825, when it was founded to provide financial services and ratings to the [wiki]House of Gießen-Wetzlar[/wiki] of [wiki]Braunschweig[/wiki], later expanding in scope. It offers various financial services including financial market intelligence, market guidance, investment research and risk evaluations, and indices. Its sovereign debt ratings index has been steadily provided to include European sovereign nations, dependencies and corporations. It also provides credit ratings for the [wiki]Augsburg Stock Exchange[/wiki].

Gießen Financial Services is an independent company not listed in any stock exchange and dissociated with any government or state-controlled corporations. Its rating system is following the same model as that of Shaw-Sterling, including a letter identifier, but also the prospects of upgrade, downgrade or maintenance of current debt ratings. Gießen Financial Services maintains its index on a trimonthly basis, with two major annual updates on January and July, and two minor annual updates on April and October.

Contact information

Finanzdienstleistungen,
Gießen Beteiligungen GmbH,
14 Kurfürstin Elisabeth-Platz, Darmstadt,
123 00 Braunschweig, WIESERREICH

Sovereign Ratings List​

Name​	Rating and Outlook​
ALTAI​	CCC​
ANGLYN​	AA-​
ARENDAAL​	AA-​
AQUITANIA​	AA-​
BANTYR​	C ​
BATAVIE​	CC​
BREOTONIA​	AAA ​
CARENTANIA​	BB+ ​
CŒURLOIS​	BBB​
CORONADO​	BB-​
DANMARK​	A ​
DANZIG​	AAA​
EIFFELLAND​	A- ​
ENGELLEX​	BBB​
FRANKEN​	AA ​
GREATER SARMATIA​	BBB ​ ​
GUIANA​	AA- ​
HAJR​	AA+​
HAVENSHIRE​	BB ​
HOLY SEE​	AAA​
JURZAN​	A​
KRYOBAIJAN​	BBB​
KYIV​	BBB​
LESSER SARMATIA​	B ​
LORRAINE​	BBB​
MONTELIMAR​	C​
NICOSIA​	A​
SOLAREN​	D​
SØRLANDETEN​	AA​
SUIONIA​	CC​
TALEMANTROS​	AA-​
TOUZEN​	AA+​
VANGALA​	BB​
VISTRASIA​	AA​
WARRE​	CCC​
WIESE​	AA- ​
WING-SING​	AAA​
WENDMARK​	AAA​
YUJIN​	AA​
ZALONARUS​	BB+ ​
ZARMAJ​	B+ ​

Credit Ratings as used by Gießen Financial Services​

Rating	Comments
AAA​	Prime. Extremely strong capacity to meet its financial commitments.
AA+ AA AA-​	High grade. Very strong capacity to meet its financial commitments. Susceptibility to long-term risks seems somewhat greater.
A+ A A-​	Upper medium grade. Strong capacity to meet its financial commitments. Somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions.
BBB+ BBB BBB-​	Lower medium grade. Adequate capacity to meet its financial commitments. Adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obliger to meet its financial commitments.
BB+ BB BB-​	Non-investment grade speculative. Less vulnerable in the near term than other lower-rated obliger. However, it faces major ongoing uncertainties and exposure to adverse business, financial, or economic conditions, which could lead to the obligor's inadequate capacity to meet its financial commitments.
B+ B B-​	Highly speculative. More vulnerable than the obliger rated 'BB', but the obliger currently has the capacity to meet its financial commitments. Adverse business, financial, or economic conditions will likely impair the obliger's capacity or willingness to meet its financial commitments.
CCC CC​	Substantial risks. Extremely speculative. The obliger is currently highly vulnerable.
C​	In default with little prospect for recovery.
D​	In default.

Outlook Ratings Explanation​

Outlook	Comments
Positive​	This sovereign's or organisation's condition is positive, and/or may be improving soon and/or may increase in rating.
Neutral​	This sovereign's or organisation's condition is stable, and/or may be facing some present difficulties.
Negative ​	This sovereign's or organisation's condition is negative, and/or may be deteriorating soon and/or face a downrating.

 

[Danzig]

SPRINGER
Investor Services LLC ©

We have advised our clients to take Giessen Financal Services and their rather unique perspective on a few sovereign ratings with a pinch of salt. In our view, a more thoroughly motivated view shared by many others except Giessen, we think that Giessen is a front for a government that is attempting to shield itself from damaging policy mistakes of the past. This political instrument serves no other purpose but to obfuscate investors worldwide. If people wish to see Giessen as their sole guidance in these financial markets, we warn those individuals that their decisions rely on a body controlled by the Imperial government, not the financial market.​

 

[Wieserreich]

Gießen Financial Services®
Sovereign Debt Ratings

Gießen Financial Services was, is, and continues to not be associated with political bodies contrary to the claims of rival bureaus from abroad. The recent claims from Springer and associated agencies are simple mechanics aimed at eliminating their rivals in an industry they seek to monopolise. We politely recommend that Springer Investor Services takes its sobbing and claims elsewhere, and discontinues such claims that taint its credibility as it continues to ignore facts.

Gießen Financial Services remains independent of other bodies, both political and financial, in an effort to continue with truly independent financial services, and continuing a tradition in doing that since 1825. We find it extremely disappointing that a would-be serious group such as Springer will declare a financial war just because its market is not a monopoly.

 

[Wieserreich]

Gießen Financial Services®
Sovereign Debt Ratings

RECENT NEWS

• ALTAI successful bond auction and international interest in them, as well as solid foreign investment may improve climate. The possibility of war remains a troubling option however. Altai may be see an upgrade in ratings and perspective if the climate continues.
• KYIV petroleum deals with Altai likely to improve bond stability on the long run. Outlook upgraded to neutral, rating remains at BBB as tensions remain over Himyar negotiations.
• MONTELIMAR political and military situation is perilous with significant portions of its territory occupied and no signs of improvement. Rating downgraded to from BBB to C, with negative outlook.
• YUJIN economic activity is reassuring. Positive outlook is maintained at AA.
• The ratings of RDTO countries are presently under review. More might be released in the next update.

 

[Wieserreich]

Gießen Financial Services®
Sovereign Debt Ratings

RECENT NEWS

• ALTAI and TALEMANTROS face more positive prospects following the smooth proceeding of peace negotiations. Outlook maintained negative but upgrade is currently a strong possibility as more information leaks to the media.
• CARENTANIA successful bond auction shows promise. Prospect has been upgraded from negative to neutral.
• RDTO member debt ratings have been revised following review announced in last update. The update is meant to reflect market trends and local circumstances. However, there might be future revisions depending on the happenings in Solaren and elsewhere. CARENTANIA revised from BB to BB+ with neutral prospect; HAVENSHIRE added under BB with neutral prospect; VANGALA maintained under BB with neutral prospects; JURZAN maintained under A with positive prospects.
• GERMANIAN LEAGUE debt ratings have been revised following ratification of defence agreement and increased sense of security. However there might be future revisions based on happenings in Montelimar and elsewhere. DANMARK maintains positive prospect and A rating; EIFFELLAND upgraded from neutral to positive prospect under A- rating; FRANKEN upgraded to positive prospect under AA rating, previously AA-; WENDMARK maintains neutral prospect under AAA rating; WIESE upgraded to positive prospect and AA- rating, previously A+.