PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Rating agency Pfandbrief reviews criticised
Even if rating agencies' new focus on liquidity to assessing financial debt instruments is welcome, evaluation of Pfandbrief as a structured product is wrong, says the German Pfandbrief Bank Association. VDP CEO Jens Tolckmitt said Fitch, Moody's and Standard & Poor's should avoid seeing Pfandbrief through "structured finance glasses