September 2014

S&P: Swedish covered bonds in Category 1

​S&P has revised its assumptions for classifying Swedish covered bonds and assign covered bonds issued by Swedish banks to Category 1. The recategorization follows a review of the implementation of the amendment of the Covered Bond Issuance Act, which clarifies the increased number of funding options available to a Swedish covered bond program. This should be seen in combination with the high systemic importance of covered bonds in Sweden.

Read the S&P report »