Moody’s forced to act as swap counterparties feel the heat
Moody’s bowed to market pressure this week in asking for feedback on a new framework for assessing swap counterparties. But with the rating agency looking merely to refine its methodology rather than embark on the wholesale overhaul that market participants would like, it may get a fairly harsh reaction, writes Joe McDevitt.
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
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast