OREANDA-NEWS. Fitch Ratings has affirmed ING Belgium's (A+/Stable) EUR2.75bn mortgage pandbrieven at 'AAA'. The Outlook is Stable.

Fitch has updated its breakeven overcollateralisation (OC) for the 'AAA' rating to 38% from 33%, based on a refined modelling assumption relating to the switch to floating-rate of post-extension liabilities.