The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, recently revamped its Central Repository of Ratings (CEREP) and made available the latest set of semi-annual statistical data on the performance of credit ratings, including transition matrices and default rates. The most recent dataset covers ratings data until December 2022. CEREP provides information on credit ratings issued by Credit Rating Agencies (CRAs) …
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09
2023
