Request for comments - update of the Methodology for credit rating of guarantee fund (expired)

Date created: 30-Oct-2020


BCRA invites all stakeholders to submit their comments on the exposed changes in the current document “Methodology for credit rating of guarantee fund” to e-mail: methodologycomments@bcra-bg.com until November 30th, 2020 year. At the end of this period and upon incorporating any changes deemed necessary, the methodology will be adopted and published in its final form. At the moment there are no active ratings assigned by the aforementioned methodology, that will require review.

 

The main changes made with this update of the Methodology are as follows:

 

  • Change in the method for evaluation of the effect of the sovereign risk on the rating using BCRA’s Sovereign Rating Methodology;
  • Applying a new rating scale in line with BCRA’s unified Global Rating Scale;
  • Issuing national-scale ratings using BCRA’s National Rating Scale.

In order for BCRA to consider your comments, please include the following information in your response:
  • Name
  • Job title
  • Organization
  • Phone
  • E-mail
  • Would you like BCRA to preserve your anonymity when publishing your comment?