Brazilian subnational entity whose fiscal and credit standing is tracked by rating agencies and creditors.
Last 90 days
Fitch raised the city's long-term national rating from AA+ to AAA, the national scale's ceiling, with a stable outlook; no change was reported on the international scale.
Updated October 11, 2026 · 4 verified articles
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Revenue, spending, indebtedness and ratings determine the city's cost of and access to credit operations and guarantees.
Explanatory mechanism, not a forecast or recommendation.Rio de Janeiro's electoral court recounted the governor votes on October 10, after the TSE annulled 274,411 votes cast for Anthony Garotinho. With the new count, Douglas Ruas (PL) has 50.88% of valid votes and won in the first round. The formal proclamation is scheduled for October 15.
The National Treasury honoured R$ 79.95 million in August in Union-guaranteed debts of states and municipalities that failed to pay creditors, lifting the 2026 total to R$ 3.13 billion; since 2016 the Union has paid R$ 89.66 billion in guarantees and recovered R$ 6.06 billion through counter-guarantees, with R$ 79.85 billion relating to states in the Fiscal Recovery Regime, which suspends counter-guarantee execution, R$ 1.90 billion linked to ICMS loss compensation and R$ 522.39 million blocked by court rulings.
The 3rd Business Court of Rio de Janeiro ruled on September 9 to close Light's judicial reorganisation, declaring all plan obligations verified in the supervision period fulfilled; the company reported the decision to the market and drops the in-reorganisation label from its records. The process, begun in May 2023, restructured about R$ 11 billion, including R$ 7 billion in debentures and R$ 3.1 billion in bonds.
Fitch raised the city of Rio de Janeiro's long-term national-scale credit rating from AA+ to AAA, the scale's highest level, with a stable outlook. Part of the coverage describes the action as investment grade; the upgrade refers to the agency's national scale.