DBRS Publishes Updated Interest Rate Stresses for European Structured Finance Transactions

DBRS Ratings Limited published an updated version of its “Interest Rate Stresses for European Structured Finance Transactions” methodology (the Methodology). The Methodology outlines DBRS’s framework for generating interest rate stresses that DBRS uses in its analysis of European structured finance and covered bonds transactions.

This update supersedes the previous version published on 18 December 2017. The Methodology includes an updated Scope and Limitations section and minor editorial changes. DBRS deems the changes not to be material and has determined that no ratings are or will be changed as a result of this update.

Notes:
DBRS rating definitions and the terms of use of such ratings are available at www.dbrs.com.

DBRS’s methodologies and criteria are available at www.dbrs.com or by contacting us at info@dbrs.com.