Moody's downgrades the ratings of Dexia's main operating units to Aa3 from Aa1 - Rating Action - 2008/10/01 - Moody's Global Credit Research

Report title: Moody's downgrades the ratings of Dexia's main operating units to Aa3 from Aa1

from Moody's Global Credit Research
2062 word report published Oct 01, 2008

Price $150.00 available for immediate download

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Global Credit Research Rating Action 1 OCT 2008 Rating Action: Dexia Credit Local, Tokyo Branch Moody's downgrades the ratings of Dexia's main operating units to Aa3 from Aa1 All short-term, long-term and Bank Financial Strength ratings...

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Rating Action

Issuer:

Crediop Overseas Bank Limited; Denizbank A.S.; Dexia Bank Belgium; ...

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Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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