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S&P Global Credit Markets Digest-Asia-Pacific Update.


Business Editors

NEW YORK--(BUSINESS WIRE)--Standard & Poor's

May 27, 2002--Here is the current lineup of top articles and research from Standard & Poor's Credit Information Services See Information Systems. :

COMING UP
-- Residential Funding Mortgage Securities I Inc. Ratings Raised on 41 Series

-- Rating Cut on Ben Nevis One's B Notes Following Portfolio Deterioration; A
Notes Affirmed


UPCOMING TELECONFERENCES

-- Credit Perspectives on Electric Cooperatives, Thursday, May

30, 2:00 P.M. (For details please see

www.ratingsdirect.standardandpoors.com or

www.standardandpoors.com. All times U.S. Eastern.)

PUBLISHED:

RESEARCH REPORTS

CORPORATES


-- Residential Funding Mortgage Securities I Inc. Ratings Raised on 41 Series

-- Rating Cut on Ben Nevis One's B Notes Following Portfolio Deterioration; A
Notes Affirmed


FINANCIAL SERVICES The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 


-- Residential Funding Mortgage Securities I Inc. Ratings Raised on 41 Series

-- Rating Cut on Ben Nevis One's B Notes Following Portfolio Deterioration; A
Notes Affirmed


PUBLIC FINANCE

-- Mixed Bond Insurer Capital Adequacy Trends for 2001

LOCAL & REGIONAL GOVERNMENTS


-- Residential Funding Mortgage Securities I Inc. Ratings Raised on 41 Series

-- Rating Cut on Ben Nevis One's B Notes Following Portfolio Deterioration; A
Notes Affirmed


RATING ACTIONS

CORPORATE RATINGS

--Japan's Yamato Transport Yamato Transport Co., Ltd. (ヤマト運輸株式会社   Upgraded to 'Api'

-- Six Continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC.  PLC Outlook Revised to Negative After Financial

Policy Review; Ratings Affirmed

FINANCIAL SERVICES RATINGS

-- Royal Bank of Scotland Group The Royal Bank of Scotland Group plc (LSE: RBS) is a British banking and insurance holding company based in Edinburgh, Scotland, UK.[1] It includes The Royal Bank of Scotland plc [2]) founded in 1727 by a Royal Charter of King George I.  and Various Subs Outlook Revised

to Positive; Ratings Affirmed

LOCAL & REGIONAL GOVERNMENTS

-- Russian City of St. Petersburg Ratings Affirmed at 'B+';

Outlook Positive

SOVEREIGN RATINGS

-- Central American Central America

A region of southern North America extending from the southern border of Mexico to the northern border of Colombia. It separates the Caribbean Sea from the Pacific Ocean and is linked to South America by the Isthmus of Panama.
 Bank for Economic Integration Assigned 'BBB-'

LT Rating; Outlook Stable

STRUCTURED FINANCE RATINGS


-- Residential Funding Mortgage Securities I Inc. Ratings Raised on 41 Series

-- Rating Cut on Ben Nevis One's B Notes Following Portfolio Deterioration; A
Notes Affirmed


RESEARCH ANALYSIS

FINANCIAL SERVICES

-- Japan's Shinkin Central Bank

Copyright 2002, Standard & Poor's Ratings Services Ratings Service

A company, such as Moody's or Standard & Poor's, that rates various debt and preferred stock issues for safety of payment of principal, interest, or dividends.
 
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 27, 2002
Words:288
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