Marfin covered lower on parent cut, expected OC fall
Moody’s downgraded from A1 to A3 mortgage-backed covered bonds issued by Greece’s Marfin Egnatia Bank last Friday because of a cut in the senior unsecured rating of its parent, Cyprus’s Marfin Popular Bank.
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