London, 03 July 2015 -- Moody's Investors Service has today upgraded by one notch the ratings of five covered bonds from issuers based in Austria (Aaa), following the assignment of Counterparty Risk (CR) Assessments to the relevant issuers (see press releases "Moody's concludes reviews on 8 Austrian Raiffeisen Banking Group member banks" and "Moody's concludes reviews on 3 Austrian banking groups; takes action on another 2 institutions' ratings" published 1 July 2015), concluding their reviews initiated on 17 March 2015. At the same time, Moody's confirmed the Aaa ratings assigned to Raiffeisenlandesbank Niederosterreich-Wien's (Baa2/Baa2 negative, ba2) mortgage covered bonds.

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