Moody's upgrades mortgage covered bonds issued by AIB Mortgage Bank and EBS Mortgage Finance
London, 29 November 2016-- Moody's Investors Service has today upgraded to Aaa from Aa1 on review for upgrade the ratings assigned to the mortgage covered bonds issued by AIB Mortgage Bank and EBS Mortgage Finance. This rating action concludes the review of the above ratings initiated on 26 September 2016.. Today's rating actions reflect Moody's expectation that AIBMB and EBSMF will each maintain over-collateralisation at a level consistent with a Aaa rating.
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