BCP's series 2 mortgage covered bonds assigned final 'AAA' rating - Fitch |
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Published
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Wed, 31 Oct 2007 10:06 |
MUMBAI (Thomson Financial) - Fitch Ratings said it has assigned its final 'AAA' rating to Banco Comercial Portugues' (BCP) series 2 mortgage covered bonds worth 1 bln eur having an extended maturity until October 2015.The ratings agency said BCP's second series of Obrigacoes Hipotecarias (OHs), the Portuguese legislative mortgage covered bonds, are issued under a 10 bln eur programme.Fitch also affirmed the rating on the bank's first covered bonds issue at 'AAA'.The ratings agency has a 'A+' and 'F1' rating with a stable outlook on Banco Comercial Portugues.tfn.newsdesk@thomson.comnet/manCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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