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The Scottish Government has been given the same credit rating as the UK, as it plans to issue its first financial bonds.

Moody’s rated the Scottish Government as Aa3 while S&P Global rated it as AA, both identical to the UK’s sovereign rating.

Ministers in Edinburgh say that being able to issue bonds will allow further funding of infrastructure investment.

Finance Secretary Shona Robison said: “This is an excellent result – on a level with the UK’s sovereign rating and better than many major industrial countries – which reflects our strong track record of prudent fis

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