Rating Asset-Backed Commercial Paper

Rating Agency Developments

On July 8, Moody’s issued Rating Methodology – Moody’s Approach to Rating Transactions Backed by Portfolios of Hedge Fund InvestmentsReport.

On July 9, Moody’s issued Rating Methodology – Moody’s Approach to Rating Asset-Backed Commercial PaperReport.

On July 10, Fitch published Updated Global Structured Finance & Covered Bonds Criteria HierarchyRelease.

On July 13, Fitch updated its Global Surveillance Criteria for Structured Finance CDOsRelease.

On July 14, Fitch finalized new Insurance Notching CriteriaRelease.