Rating Agency Developments

On March 2, Moody’s released its global structured finance operational risk guidelines. Moody’s Methodology.

On March 2, Moody’s released its methodology for rating securities backed by utility cost recovery charges, which are established by special legislation and financing orders issued by utility regulatory bodies. Moody’s Methodology.

On March 1, Fitch updated its criteria report outlining its methodology for analyzing ratings for transaction-specific support facilities provided to ABCP conduits. Fitch Release.

On February 28, Fitch released updated criteria report for analyzing U.S. Public Finance variable-rate demand obligations issued with external liquidity support. Fitch Release.

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