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09.02.2015 20:18:00
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Moody's assigns provisional (P)A3 to Akbank's mortgage covered bonds
Madrid, February 09, 2015 -- Moody's Investors Service has today assigned a provisional (P)A3 long-term rating to the Turkish Lira-denominated covered bonds to be issued under the mortgage covered bond programme of Akbank TAS (the issuer, deposits Baa3 negative, bank financial strength rating D+ stable/ adjusted baseline credit assessment ba1). The Turkish covered bond law (the Communiqué) will govern the covered bonds.
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