Auberge

Auberge S.A.
Société anonyme
Traded asAUB (HE)
IndustryFinancial services, Publishing
Founded17 September 1907
Headquarters,
Area served
Worldwide
Key people
Hans Danhuber (CEO)
François Dumoiton (chairman)
ServicesBond and stock analysis, financial research
Revenue$3.1 billion
Number of employees
7,000

Auberge S.A. (HE: AUB), doing business as Auberge Financial Services, is an Aininian company that provides financial research, including bond and stock analysis, to corporations and governments. Its portfolio is varied and the company offers analysis for corporations, non-profit organisations and several stages of government. The company was founded in 1907 by banker Charles Auberge in order to give clients some certainty in a time where there was widespread speculation in the financial markets, and has since expanded on a global scale.

Auberge is best known for its role as a credit rating agency for sovereign states in Esquarium, with its ratings being very influential on financial markets and governments alike.

Credit ratings

Auberge assigns a credit rating to all governments in Esquarium that issue bonds, evaluating their capability to pay back debts and their financial outlook.

Long-term credit ratings

Upper investment grade

  • AAA: Very safe investment, extremely strong capacity to meet obligations
  • AA: Very safe investment, very strong capacity to meet obligations
  • A: Safe investment, strong capacity to meet obligations

Lower investment grade

  • BBB: Safe investment, strong capacity to meet obligations failing any major macroeconomic instability
  • BB: Moderately safe investment, capacity to meet obligations failing any major macroeconomic instability

Speculative grade

  • B: Average investment, long-term capacity to meet obligations may be reduced by macroeconomic instability
  • CCC: Average investment, long-term capacity to meet obligations is uncertain

Non-investment (junk) grade

  • CC: Bad investment, capacity to meet obligations is volatile
  • C: Bad investment, capacity to meet obligations has not been demonstrated
  • D: Country has entirely defaulted and is financially insolvent

Other

  • N: Country is not listed due to failure to issue international bonds
  • ND: Country is not listed due to lack of reliable data

Auberge often appends a lower-case letter, s, r or d, to sovereign credit ratings. The letter represents a projection whether its analysts believe that the situation is stable (s), improving (i) or deteriorating (d).

Country Rating Outlook Notable considerations
 Ainin AAA Negative Central Ocean tidal wave losses
Template:Country data Ankoren CCC Negative Assumption of Irvadi sovereign debt upon UNIR formation
Template:Country data Arkiasis AA Stable
 Katranjiev BB Positive Integration into Esquarian Common Market
Template:Country data Koyro N N/A
 Luziyca AA Stable
 Montecara AAA Stable
 Namor BBB Negative Central Ocean tidal wave losses
23x15px Nevanmaa BB Stable
 Pavonistade A Negative Exit from Esquarian Common Market
 Senria BB Positive Greater integration into world economy
 Tuthina BB Stable
23x15px Vyvland AAA Stable
 Xiaodong CC Negative EC sanctions, regional instability, economic mismanagement