On May 11, S&P released a request for market feedback and comment relating to its methodology for rating local and regional governments outside of the U.S. Comments on the proposed criteria are requested by June 11. S&P Release. 

On May 11, S&P released a proposal to update its methodology and assumptions for rating U.S. state governments. Comments on the proposed criteria are requested by June 11.

On May 12, S&P released its updated criteria for investment earnings assumptions for federal government standalone housing transactions. S&P Release.

 On May 12, S&P released revised recovery assumptions for TruPS or hybrid securities issued by U.S. banks that are held in the collateral portfolios of TruPS CDOS. S&P Release. 

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