Moody's, the international rating agency, has put its faith in the UK government's commitment to honouring the debt obligations of Railtrack by reaffirming its ratings on the collapsed rail operator.

Moody's reaffirmed its prime-2 rating of Railtrack Plc, the listed part of Railtrack which it put on review for a possible downgrade earlier this week. Moody's also held at Baa1 the long-term rating for Railtrack, which was also put under review for a downgrade.