Eurohypo upgrade a ray of light in dark days

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Eurohypo upgrade a ray of light in dark days

Moody’s has upgraded the mortgage Pfandbriefe of Eurohypo from Aa1 to Aaa, offering some rare good news in this week’s turbulent market. The move was widely anticipated since the rating review was initiated in May, coming with changes to the rating agency’s methodology and an upgrade to the issuer to A1.

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