S&P monitors Bouwfonds debt, clears ABN covered

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S&P monitors Bouwfonds debt, clears ABN covered

Standard & Poor’s yesterday (Thursday) put secured debt issued off ABN Amro’s Bouwfonds programme on CreditWatch developing, but said that the bank’s covered bond ratings were unchanged, after it was announced last week that both would be allocated to the ABN Amro businesses the Dutch state is acquiring.

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