Moody’s covered bond RFC bodes well for Swiss structures

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Moody’s covered bond RFC bodes well for Swiss structures

Alps_Switzerland_PA_230x150
A Swiss flag waves near the Jungfraujoch in the Bernese Alps in Switzerland, 05 August 2013. The station ehich is also called the Top of Europe is 3,454 meters above sea level and thus, the highest railway station in Europe. Photo: Soeren Stache | Soeren Stache/DPA/PA Images

Moody’s has published a request for comment regarding a proposed change in its rating methodology that could improve the rating stability of Swiss structured covered bonds. This could in turn give regulators another reason to consider updating the country’s legal framework.

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