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New Pfandbriefe rating methodology

Moody's Investors Service is shifting its rating methodology for Pfandbriefe, introducing a new ratings floor for issuers of this paper. It could spell positive upside potential for securitizations linked to public and mortgage sector Pfandbriefe, said analysts at Dresdner Kleinwort Wasserstein.

Issuing banks with an issuer rating of investment...

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