The report on the EU Credit Ratings market provides for the first time a cross-market view of credit ratings reported to the EU. ESMA finds that there were 823,400 credit ratings at the end of 2022. These ratings were mostly for US-issued debt or issuers (69%), with 17% (141,600 credit ratings) on EEA30 instruments and issuers.

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Market Report on EU Credit Ratings market 2023
Cross-market view of EU credit ratings