13.02.2015 17:00:00
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Moody's assigns definitive A3 to Akbank's mortgage covered bonds
Madrid, February 13, 2015 -- Moody's Investors Service has today assigned a definitive A3 long-term rating to the Turkish Lira-denominated covered bonds issued under the mortgage covered bond programme of Akbank TAS (the issuer, deposits Baa3 negative, bank financial strength rating D+ stable/ adjusted baseline credit assessment ba1). The Turkish covered bond law (the Communiqué) governs the covered bonds.