S&P May Cut Australian, N.Z. Mortgage Bond Ratings (Update2) (Bloomberg.com)
Story date: 2007-10-23 10:45:03
Added on: 2007-10-24 06:00:39
Oct. 24 (Bloomberg) -- Standard & Poor's may cut the credit ratings of 207 Australian and New Zealand residential mortgage- backed securities as turmoil in the U.S. subprime market spreads to home-loan insurers.
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