Fitch Assigns Final 'AAA' Rating to OCBC's Inaugural Covered Bonds; Outlook Stable

At 31 January 2017, the cover pool consisted of 8,319 prime Singapore private residential mortgages equivalent to SGD5.7bn. The OCBC-calculated WA indexed loan-to-value ratio is 57.9%, and the portfolio is 59.5 months seasoned. By current balance …
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