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Thursday, October 17, 2013

Fitch Affirms Greek Banks' Mortgage Covered Bonds at 'B'; Negative Outlook

Fitch Affirms Greek Banks' Mortgage Covered Bonds at 'B'; Negative OutlookReutersIt reflects Fitch's view that the extendible maturity feature of 12 months would not be sufficient to successfully refinance the cover assets in the event of an issuer default (see "Fitch Assigns Portuguese, Greek and Cypriot Covered Bonds Outlooks & D ...and more »

READ THE ORIGINAL POST AT www.reuters.com