Report
EUR 678.58 For Business Accounts Only

Cross-Sector - Spain: Slower, but Solid Economic Growth to Underpin Robust Spanish Securitisation and Covered Bond Performance in 2017

CROSS-SECTOR SECTOR IN-DEPTH 13 February 2017 TABLE OF CONTENTS Summary 1 Spanish RMBS securitisation credit quality will improve as more non- performing borrowers begin to pay again 2 Interest-rate floors will not affect RMBS performance, while stronger consumer borrower profiles will bolster ABS performance 4 Rise in securitisation deal issuance, backed by RPL exposure 8 Moody's Related Res
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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