Fitch assigns Long-Term Foreign- and Local-Currency IDRs to sovereigns and ratings to
specific debt instruments issued by sovereigns according to its published rating definitions.
Rating Outlooks are assigned only to IDRs. A Short-Term IDR is also assigned and is relevant
for foreign-currency-denominated debt with a contractual maturity of 13 months or less.
Reflecting market convention, short-term local-currency-denominated debts, such as Treasury
bills, are assigned the Long-Term Local-Currency IDR