Moody’s to announce its evaluation calendar for Turkey

International credit rating agency Moody's has announced the probable dates for making evaluations on Turkey's investment outlook for 2015. In the announcement, it was stated that Turkey's credit rating and outlook would be revised on April 10, August 7 and December 4, 2015.

Moody's hadn't made any evaluation of Turkey's credit rating and outlook in August of this year, although it had been penciled in its calendar. Moody's said that its calendar only shows probable events. While Moody's was expected to announce Turkey's credit rating on December 5, it delivered a short statement explaining for the second time that it didn't make an evaluation of Turkey's credit rating and outlook.

Moody's confirmed Turkey credit rating at "Baa3" with a negative outlook and it graded Turkey as "investable" on May 16, 2013.