Ratings On Two BlackRock Fund Advisors Exchange-Traded Funds Lowered To 'A+f' From 'AAf' - S&P Global Ratings’ Credit Research

Ratings On Two BlackRock Fund Advisors Exchange-Traded Funds Lowered To 'A+f' From 'AAf'

Ratings On Two BlackRock Fund Advisors Exchange-Traded Funds Lowered To 'A+f' From 'AAf' - S&P Global Ratings’ Credit Research
Ratings On Two BlackRock Fund Advisors Exchange-Traded Funds Lowered To 'A+f' From 'AAf'
Published Mar 24, 2010
1119 words — Published Mar 24, 2010
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Abstract:

NEW YORK (Standard&Poor's) March 24, 2010--Standard&Poor's Ratings Services said today that it has lowered its fund credit quality on two BlackRock Fund Advisors (BFA) funds: iShares S&P/Citigroup International Treasury Bond Fund and iShares S&P/Citigroup 1-3 Year International Treasury Bond Fund to 'A+f' from 'AAf'. The volatility rating remains unchanged at 'S4'. We lowered the credit quality ratings because each fund has about 4.5% of its total assets exposed to bonds rated 'BBB'; these bonds remain eligible investments for the S&P/Citigroup International Treasury Bond Index and the S&P/Citigroup International 1-3 Year Treasury Bond Index, which each fund tracks. These broad, diverse, and market value-weighted indexes are designed to measure the performance of Treasury bonds issued in local

  
Brief Excerpt:

RESEARCH Ratings On Two BlackRock Fund Advisors Exchange-Traded Funds Lowered To 'A+f' From 'AAf' Publication date: 24-Mar-2010 Primary Credit Analyst: Wendy Immerman, New York (1) 212-438-5052; wendy_immerman@standardandpoors.com...

  
Report Type:

Ratings Action

Issuer
BlackRock Fund Advisors
Sector
Global Issuers
Country
Region
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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. "Ratings On Two BlackRock Fund Advisors Exchange-Traded Funds Lowered To 'A+f' From 'AAf'" Mar 24, 2010. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Two-BlackRock-Fund-Advisors-Exchange-Traded-Funds-Lowered-To-A-f-From-AAf-784352>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On Two BlackRock Fund Advisors Exchange-Traded Funds Lowered To 'A+f' From 'AAf' Mar 24, 2010. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Two-BlackRock-Fund-Advisors-Exchange-Traded-Funds-Lowered-To-A-f-From-AAf-784352>
  
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