Based on economic and fiscal forecasts, the UK’s ‘AAA’ Long-term Issuer Default Ratings could be downgraded in the near fuure.
The Federal Court of Australia ruled Nov. 5 that S&P misled investors by assigning AAA rating to a highly complex structured finance vehicle.
Based on economic and fiscal forecasts, the UK’s ‘AAA’ Long-term Issuer Default Ratings could be downgraded in the near fuure.
The Federal Court of Australia ruled Nov. 5 that S&P misled investors by assigning AAA rating to a highly complex structured finance vehicle.