Announcements
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![Scope publishes the final version of its covered bond rating methodology following call for comments](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_bc08935af5822d8cd5cac29e788f2ceebe2779a13b3df9081d1b56ead3514733.jpg)
26/7/2024 Research EN
Scope publishes the final version of its covered bond rating methodology following call for comments
Scope has published the final version of its covered bond rating methodology. The methodology update, which follows a call for comments released on 10 May 2024, has no rating impact. Scope has not received any comments.
![Polish covered bond issuance expected to surge in next two years](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_611b3d5e009a88e977bdf7b6cdb75ff55e86887d9b6e84e3caa52bbc6b7bdd8d.jpg)
24/7/2024 Research EN
Polish covered bond issuance expected to surge in next two years
The introduction by Poland’s financial supervisory authority (KNF) of a long-term finance ratio for residential mortgages could provide a boost to Poland’s hibernating covered bond market. Green covered bonds could become the instrument of choice.
![Covered Bond Quarterly: Steady sailing over the summer with few clouds on the horizon](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_18ef8fb113df7813b5c196e55242cbd56662d33f6c95b2e6feec5fe310d204cf.jpg)
18/7/2024 Research EN
Covered Bond Quarterly: Steady sailing over the summer with few clouds on the horizon
This year will not set any records for investor-placed covered bonds. After moderate-to-strong activity for most of the year, issuance in June was the slowest in over 10 years. But we still believe our projected volume of EUR 170bn for 2024 is feasible.
![New property value definitions in CRR3 to have notable impact on some mortgage covered bonds](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_9ed61fe790d05a4cdad6ed270e15554521219e45c1bfd565ab071b8adcd02b66.jpg)
15/7/2024 Research EN
New property value definitions in CRR3 to have notable impact on some mortgage covered bonds
There is less than six months to go until the property value in the updated Capital Requirements Regulation takes effect. This could have a notable impact on covered bonds as market values are directly linked to the amount of bonds that can be issued.
![Structured Finance Activity Report: negative ratings drift continues to recede](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_8ae52ca6b6a142351e02e0b24b8a6e2e41dcdbd570d63f97019988ddaeddd294.jpg)
1/7/2024 Research EN
Structured Finance Activity Report: negative ratings drift continues to recede
The persistent negative rating drift in place between the fourth quarter of 2021 and third quarter of 2023 continues to recede. The upward shift is mainly due to reduced rating pressure on CRE/CMBS and secured NPL transactions.
![Senior noteholder losses on Maroon unlikely to trigger domino effect in European CMBS](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_33dd93b7fe0e3a479ee242241b73b495e8b4734a10bcfee82ad0310e0df352bb.jpg)
27/6/2024 Research EN
Senior noteholder losses on Maroon unlikely to trigger domino effect in European CMBS
Losses to senior noteholders of the Elizabeth Finance 2018 CMBS resulting from the sale price of the properties securing the Maroon loan was an idiosyncratic outcome. It may not be a unique outlier but will not trigger wider market turbulence.
![Global economic update: soft landing reinforces prospect of higher-for-longer interest rates](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_4038116b4e719dafa8ab194c28c8fb3479f1c7ffff89492c2a707b7d2aafe201.jpg)
19/6/2024 Research EN
Global economic update: soft landing reinforces prospect of higher-for-longer interest rates
A sustained period of higher interest rates will present a challenge for many borrowers worldwide, as economies adapt to a new era of comparatively tight monetary policy amid a recovery in growth and enduring inflation.