...OVERVIEW + Today's rating actions follow the application of our revised criteria for assessing asset-liability mismatch risk in covered bonds. + We have affirmed and removed from CreditWatch negative our ratings on six covered bond programs and the debt they issue. + We have assigned a stable outlook to five of these ratings. LONDON (Standard & Poor's) Jan. 8, 2010--Standard & Poor's Ratings Services today affirmed and removed from CreditWatch negative its '###' credit ratings on six covered bond programs. At the same time, we have assigned stable outlooks to the covered bonds issued under five of these covered bond programs (see ratings list below). The sixth program has not yet issued covered bonds and therefore we have not yet assigned an outlook to this program. Today's affirmations follow the application of our new covered bond criteria (see "Revised Methodology And Assumptions For Assessing Asset-Liability Mismatch Risk In Covered Bonds," published Dec. 16, 2009). Our rating actions...
