Rating Agency Developments

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On March 22, S&P released its methodology for Canadian credit card ABS.  S&P Release. 
On March 20, Fitch updated its criteria for stressing interest rate risk in structured finance transactions.  Fitch Report. 
On March 19, S&P  released its U.S. public finance long-term municipal pool methodology.  S&P Methodology.
On March 19, Fitch updated its rating guidelines for CP programs issued with external support.  Fitch Report.
On March 19, Moody’s released its finance company global rating methodology.  Moody’s Report. 
Note: Free registration is required for Fitch, Moody’s and S&P releases and reports.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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