National Credit Reporting System [Open!]

[Anagonia]

The NCR is reviewing the financial position of the Confederate States of Anagonia, however there appears to be a few issues in the request. It appears that GDP per capita was provided, rather than gross GDP, and there appears to be a typo in the government surplus section, as the amount listed is higher than the amount of money in existence. We trust these issues will be cleared up shortly. And as a side note, the company that sponsors the NCR, Bank of Ibica, offers unsecured loans to governmental entities, to help in your search for international debtholders.

We sincerely apologize for that mistake. Apparently we mixed some numbers up somewhere, and we have gone through to edit our original entry and add additional information. We hope the information rectified will be sufficient for your review and we sincerely apologize again for that mistake. Concerning the Bank of Ibica, we shall consider this proposal.

[The United States of Ibica]

Application for Rating

Name of Entity:
Confederate States of Anagonia
Type of Entity: (National/subnational/supranational)
National
Amount of Bonds Outstanding: (in NSD)
$1,440,954,860,599.06
(debt held by the government for states; i.e. debt acquired by states through various loans and purchases that outweigh ability to pay at that time, instead given as bonds to be repaid over time. There are other specific entities who have acquired bonds as well, though they are insignificant compared to the bonds held by states.)
Other Outstanding Debts:
$5,224,825,000,000.90
(debt to be repaid to sovereign states; i.e. this is primarily the debt owed to the states from the government, either through borrowing or for purchases exceeding yearly ability. There are other reasons for this debt to accumulate, however the primary debtholders that the government owes are the states.)
Government Surplus/Deficit: (before bond payments)
$130,257,550,217,620.00+
(calculated through GDP minus government expenses equals what is left over, before bond payments)
GDP:
$1,190,545,870,217,620.00
Primary Debt Holder: (domestic/international individuals/corporations/government agencies)
Domestic
(states hold most of the debt to the government which pays the states back, and vice versa the states to the government in payment for services)
Sovereign or other Wealth Fund:
Sovereign
Any other Circumstances that may affect ability to repay: (positive or negative)
The Confederacy is an extremely devoluted entity that has interdependency on the cooperation between sovereign states and the central governing entity. States pay the central government for services and taxes for maintenance of services. When the central government lacks funds, it often times borrows from the state and repays them over time. Recently, the central government has sought international help for services instead of repeatedly acquiring debt to the states, though this process is extremely slow.

The NCR has reviewed the financial position of Anagonia, and has assessed an A rating. We like to see that debt has not outpaced GDP, and with a healthy government surplus, we see a positive outlook for Anagonia.

[Zarnicovia nova]

Application for Rating

Name of Entity: zarnicovia nova
Type of Entity: national (National/subnational/supranational)
Amount of Bonds Outstanding: 145,700,000 (in NSD)
Other Outstanding Debts: 546,000,000
Government Surplus/Deficit: +49,000,000 (before bond payments)
GDP: 47.511 trillion
Primary Debt Holder: phastastanmerchant leugue (domestic/international individuals/corporations/government agencies)
Sovereign or other Wealth Fund: phastastanmerchant leugue
Any other Circumstances that may affect ability to repay: currency worth is dropping (positive or negative)

[Echeverqueria]

Application for Rating

Name of Entity: Echeverquerian Republic
Type of Entity: National
Amount of Bonds Outstanding: $580 million in General Obligation; $162 million in Treasury Bonds; $410 million in Special Bonds
Other Outstanding Debts: $124.28 billion in government debt; $17.7 billion in development loan debt
Government Surplus/Deficit: -620.33 million
GDP: $2,177.5 billion
Primary Debt Holder: international entities and individuals
Sovereign or other Wealth Fund: National Natural Resource Use Fund $161.32 billion
Any other Circumstances that may affect ability to repay: Fiscally conservative leaning government in power