S&P plays down CBIC calls for rating changes
The Covered Bond Investor Council’s plea for rating agencies to revise methodologies more regularly will be considered, according to a senior analyst at S&P. But changes to the link between covered bond ratings and issuer and sovereign ratings are unlikely, particularly before the terms of new bail-in regimes have been finalised.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts