Rating Agency analysis

UK Covered bonds are typically rated by at least one and up to three of the main rating agencies Fitch, Moody’s and Standard &Poors.

Details of the respective rating agency approach and methodologies can be found through the links below:

 

Member programmes rated by Fitch are: Barclays, Bank of Scotland, Co-Operative Bank, Coventry BS, Leeds BS, Lloyds , Nationwide, Nat West Bank, Santander UK, Skipton BS and Yorkshire BS.

Fitch Ratings:  www.fitchratings.com/site/coveredbonds

Contact details: Cosme de Montpellier, cosme.demontpellier@fitchratings.com

 

Member programmes rated by Moody’s are: Barclays, Bank of Scotland, Co-Operative Bank, Coventry BS, Leeds BS, Lloyds , Nationwide, Nat West Bank, Santander UK, Skipton BS, TSB and Yorkshire BS.

Moody’s: www.moodys.com/coveredbonds

Contact details: Julie Ng , Julie.Ng@moodys.com

Member programmes rated by Standard &Poors are: Barclays, Bank of Scotland, Nationwide and Santander UK,

Standard &Poors: www.standardandpoors.com/en_US/web/guest/ratings/ratings-criteria/-/articles/criteria/structured-finance/filter/covered-bonds

Contact details:Adriano Rossi, Adriano.rossi@spglobal.com