{"id":1345,"date":"2014-06-12T17:23:36","date_gmt":"2014-06-12T21:23:36","guid":{"rendered":"http:\/\/www.us-covered-bonds.com\/staging\/9690\/?p=1345"},"modified":"2022-03-27T16:35:10","modified_gmt":"2022-03-27T20:35:10","slug":"moodys-negative-on-canadian-banks","status":"publish","type":"post","link":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/2014\/06\/12\/moodys-negative-on-canadian-banks\/","title":{"rendered":"Moody’s: Canadian Banks on Outlook Negative"},"content":{"rendered":"

On June 11, 2014, Moody’s Investors Service changed the outlook of the seven largest Canadian banks from stable to negative and confirmed each of their long-term ratings.  Moody’s stated that the action was taken in response to previously announced plans of the Canadian government to implement a “bail-in” regime for Canada.  In Moody’s view, the balance of risks for senior debt holders and uninsured depositors of Canadian banks “has shifted to the downside.”<\/p>\r\n

This rating action by Moddy’s has not affected the rating of any outstanding covered bonds issued by the banks.  The current long-term ratings of the banks by Moody’s range from Aa3 to Aa1.<\/p><\/span>\r\n\r\n\r\n","protected":false},"excerpt":{"rendered":"On June 11, 2014, Moody’s Investors Service changed the outlook of the seven largest Canadian banks from stable to negative and confirmed each of their long-term ratings.  Moody’s stated that the action was taken in response to previously announced plans of the Canadian government to implement a “bail-in” regime for Canada.  In Moody’s view, the… Continue reading Moody’s: Canadian Banks on Outlook Negative<\/span><\/a>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[18,24,3],"tags":[],"class_list":["post-1345","post","type-post","status-publish","format-standard","hentry","category-canada-housing","category-canadian-cbs","category-news-items","entry"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts\/1345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/comments?post=1345"}],"version-history":[{"count":10,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts\/1345\/revisions"}],"predecessor-version":[{"id":3035,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts\/1345\/revisions\/3035"}],"wp:attachment":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/media?parent=1345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/categories?post=1345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/tags?post=1345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}