| Journal Call no. | AP8.W56 |
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| Author | Steinberger, Michael. |
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| Article Title | US rating agencies given poor marks : PRC assessments too harsh, say analysts / Michael Steinberger. |
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| Is Part Of | Window ; v.4, no.19, 19 May 1995, p.50-51, illus. |
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| Abstract | When the Bank of China announced earlier this year that it planned to launch a HK$5 billion floating rate certificate of deposit, 47 leading financial instituions in the territory committed themselves -- and their money -- to the deal. From the start, the issue looked like a winner. But when Moody's Investors Service, the US-based credit rating agency, downgraded BoC's long-term debt last month, the fund-raising exercise was scrapped. |
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