Moody's Ratings upgrades Bank of Cyprus - Mortgage Covered Bonds (Cypriot Pool)
Moody's Ratings (Moody's) has upgraded to Aaa from Aa2 the rating of covered bonds issued by Bank of Cyprus Public Company Limited (the issuer, CR Assessment Baa1(cr)). RATINGS RATIONALE The upgrade follows: (1) our increase of Cyprus's local-currency bond ceiling to Aaa from Aa2, which in turn ...
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