Standard and Poors are a global rating service agency who provide sovereign ratings services.
Standard and Poors have provided ratings of the Cook Islands for a number of years and these reports are normally available through a subscription service.
The Cook Islands Ministry of Finance and Economic Management has recently come to an arrangement with Standard and Poors Inc. to provide their full analytical report on the Cook Islands on the MFEM website.
The Standard and Poors Credit ratings are an independent assessment on the public financial position of a sovereign, with a particular focus on credit worthiness of the jurisdiction.
Such reports provide an independent overview of a country’s public finances and inform potential investors and can influence confidence in an economy.
The last sovereign credit rating of the Cook Islands rating was provided on 29 March 2015 and remained unchanged at B+/Stable/B.
The reports are kept at http://www.mfem.gov.ck/sovereign-credit-ratings, and a historical series will be updated shortly.
The Standard and Poors website provides further details on the manner by which ratings are conducted and what they mean http://www.standardandpoors.com.