Press Release

Morningstar DBRS Publishes Updated Methodology for Currency Stresses for Global Structured Finance Transactions

ABCP, Auto, RMBS
January 30, 2024

Morningstar DBRS published an updated version of its “Currency Stresses for Global Structured Finance Transactions” methodology (the Methodology).

Morningstar DBRS has conducted a periodic review of the Methodology. This update supersedes the previous version published on 1 February 2023 and is effective as of 30 January 2024. Morningstar DBRS deems the update not to be material and has determined that no ratings are expected to change as a result of this update.

Notes:
A description of how Morningstar DBRS considers ESG factors within the Morningstar DBRS analytical framework can be found in the “Morningstar DBRS Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings” at https://dbrs.morningstar.com/research/427030/morningstar-dbrs-criteria-approach-to-environmental-social-and-governance-risk-factors-in-credit-ratings (23 January 2024).

Morningstar DBRS methodologies are publicly available on its website dbrs.morningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.