Economy · 12 November 2026 · Radar Inversión
On 11 November, Fitch placed Paraguay’s BB+ sovereign rating on negative watch following the ueno bank crisis and the subsequent political uncertainty. The review could result in a downgrade.
What Fitch is assessing
Reuters reported that Fitch flagged potential effects on public finances, growth and policy continuity. Its current assessment points to the solvency and liquidity of other systemically important banks as factors limiting broader financial stability risks.
Radar Analysis
Investors tracking public financing can follow sovereign spreads against comparable securities and the pricing of future issues. A persistent change in spreads would help assess whether borrowing conditions are worsening.
For a business seeking credit, the practical test is to compare offers from its lenders on effective rates, maturities and collateral requirements.
