Free Trial

/RATINGS/OATS: Commerzbank Not Expecting Any Downgrade From S&P, Tail Risk Only

FRANCE

Ahead of this evening’s potential update Commerzbank note that “S&P has a negative outlook on France's AA rating and affirmed the rating in June, "mainly due the government's revised budgetary consolidation strategy". We consider a downgrade at this stage only a tail risk event.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.