Moody's: Thailand's ratings supported by strong government financial position
May 28, 2015 03:33 am UTC| Research & Analysis
Moodys Investors Service says that Thailands (Baa1 stable) ratings are supported by a very strong government financial position. The countrys well-diversified economy and high foreign reserves are additional credit...
Fitch Rates ANZ's bn Covered Bonds 'AAA'/Stable
May 28, 2015 02:19 am UTC| Research & Analysis
Fitch Ratings has assigned Australia and New Zealand Banking Group Limiteds (ANZ, AA-/Stable/F1+) Series 2015-1 bn mortgage covered bonds a rating of AAA. The Outlook is Stable. This brings ANZs total outstanding issuance...
May 28, 2015 01:40 am UTC| Research & Analysis
Moodys Investors Service says the default rate of corporate auto loans in Japan has declined, owing to an improvement in the operating environment for small and medium enterprises (SMEs) and stronger credit screening by...
Moody's: Korean banking system outlook stable, asset quality troubled by tail risk
May 28, 2015 01:15 am UTC| Research & Analysis
Moodys Investors Service says that its outlook for Koreas banking system is stable, as GDP growth remains stable and asset quality recovers slightly from 2014. Moodys outlook was last changed in 2010.Moodys analysis is...
Fitch: Refinancing Boosts Italian Mortgage Lending Activity
May 27, 2015 12:26 pm UTC| Research & Analysis
Loan refinancing was the dominant factor behind the sharp increase in the annual prepayment rate to 3.2% in 1Q15 from 2.5% in 4Q14, Fitch Ratings says. The figures in Fitchs latest Italian Mortgage Market Index reflect the...
Moody's: Investors expect 2015 European high-yield bond volumes to meet last year's levels
May 27, 2015 12:03 pm UTC| Research & Analysis
Investors expect European high-yield bond issuance volumes in 2015 to match but not exceed 2014 levels, according to the results of a poll taken at Moodys Investors Services recent 2015 High-Yield Conference in London....
Moody's: US state and local government credit quality underpinned by strong federal disaster support
May 26, 2015 21:05 pm UTC| Research & Analysis
US state and local governments vulnerable to major disaster events will continue to rely upon strong federal assistance to sustain their relatively high credit quality, Moodys Investors Service says in a new report "US...
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