OREANDA-NEWS. July 06, 2015. Fitch Ratings has today added the mortgage rating spread levels for Singapore and South Korea to its covered bond criteria. The rating spread levels for all other countries remain unchanged.

The rating spread level assumptions are used to derive the stressed value of the cover pool, following an issuer default and the commencement of recourse against the cover pool.

The updated Excel file is available at www.fitchratings.com or by clicking on the link above.