Standard & Poor's Ratings Services is refining and adapting its methodology and assumptions for assessing covered bond programs.
ASCB welcomes the publication of S&Ps Revised Methodology following an extended review period by the agency.
- We note that S&P has addressed some of the inadequacies of the original approach by allowing a greater degree of potential for an increase of the covered bond rating, says Tomas Tetzell, Chief Legal Officer, Association of Swedish Covered Bond issuers.
The revised criteria (Standard & Poor´s web site)