Four BlackRock Fund Advisors Exchange-Traded Funds Downgraded - S&P Global Ratings’ Credit Research

Four BlackRock Fund Advisors Exchange-Traded Funds Downgraded

Four BlackRock Fund Advisors Exchange-Traded Funds Downgraded - S&P Global Ratings’ Credit Research
Four BlackRock Fund Advisors Exchange-Traded Funds Downgraded
Published Jun 30, 2011
1473 words — Published Jun 30, 2011
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Abstract:

NEW YORK (Standard&Poor's) June 30, 2011--Standard&Poor's Ratings Services said today that it has lowered its fund credit quality ratings on four BlackRock Fund Advisors (BFA) funds. It lowered the ratings on the iShares S&P/Citigroup International Treasury Bond Fund and iShares S&P/Citigroup 1-3 Year International Treasury Bond Fund to 'BBf' from 'A-f'; the rating on the iShares Global Inflation-Linked Bond Fund to 'BBBf' from 'A-f'; and the rating on the iShares International Inflation-Linked Bond Fund to 'BBf' from 'BBB+f'. The volatility ratings remain unchanged at 'S4'. We lowered the credit quality ratings because each fund has exposure to 'CCC' rated Hellenic Republic (Greece) bonds in its respective index that hurt the funds' overall credit quality. The Hellenic

  
Brief Excerpt:

RESEARCH Four BlackRock Fund Advisors Exchange-Traded Funds Downgraded Publication date: 30-Jun-2011 Primary Credit Analyst: Wendy Immerman, New York (1) 212-438-5052; wendy_immerman@standardandpoors.com Secondary Contact: Peter Rizzo,...

  
Report Type:

Ratings Action

Issuer
BlackRock Fund Advisors
Sector
Global Issuers, Structured Finance
Country
United States
Region
United States
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Four BlackRock Fund Advisors Exchange-Traded Funds Downgraded" Jun 30, 2011. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Four-BlackRock-Fund-Advisors-Exchange-Traded-Funds-Downgraded-876408>
  
APA:
S&P Global Ratings’ Credit Research. (). Four BlackRock Fund Advisors Exchange-Traded Funds Downgraded Jun 30, 2011. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Four-BlackRock-Fund-Advisors-Exchange-Traded-Funds-Downgraded-876408>
  
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