ANNEX I
Mapping table under the standardised approach as referred to in Article 1
Credit quality step | 1 | 2 | 3 | 4 | All other |
ARC Ratings SA | |||||
Medium and Long-Term Issues | AAASF to AA-SF | A+SF to A-SF | BBB+SF to BBB-SF | BB+SF to BB-SF | Below BB-SF |
Short-Term Issues | A-1+SF, A-1SF | A-2SF | A-3SF | Below A-3SF | |
Axesor SA | |||||
Structured finance rating scale | AAA(sf) to AA-(sf) | A+(sf) to A-(sf) | BBB+(sf) to BBB-(sf) | BB+(sf) to BB-(sf) | Below BB-(sf) |
Creditreform Ratings AG | |||||
Long-term rating scale | AAA sf, AA- sf | A+ sf to A- sf | BBB+ sf to BBB- sf | BB+ sf to BB- sf | Below BB- sf |
DBRS Ratings Limited | |||||
Long-term obligations rating scale | AAA (sf) to AA (low) (sf) | A (high) (sf) to A (low) (sf) | BBB (high) (sf) to BBB (low) (sf) | BB (high) (sf) to BB (low) (sf) | Below BB (low) (sf) |
Commercial paper and short-term debt rating scale | R-1 (high) (sf) to R-1 (low) (sf) | R-2 (high) (sf) to R-2 (low) (sf) | R-3 (sf) | Below R-3 (sf) | |
FERI EuroRating Services AG | |||||
Rating scale | AAAsf to AA-sf | A+sf to A-sf | BBB+sf to BBB-sf | BB+sf to BB-sf | Below BB-sf |
Fitch Ratings | |||||
Long-term issuer credit ratings scale | AAAsf to AA-sf | A+sf to A-sf | BBB+sf to BBB-sf | BB+sf to BB-sf | Below BB-sf |
Short-term rating scale | F1+sf, F1sf | F2sf | F3sf | Below F3sf | |
Japan Credit Rating Agency Ltd | |||||
Long-term issuer ratings scale | AAA to AA- | A+ to A- | BBB+ to BBB- | BB+ to BB- | Below BB- |
Short-term issuer ratings scale | J-1+, J-1 | J-2 | J-3 | Below J-3 | |
Kroll Bond Rating Agency | |||||
Long-Term Credit | AAA (sf) to AA- (sf) | A+ (sf) to A- (sf) | BBB+ (sf) to BBB- (sf) | BB+ (sf) to BB- (sf) | Below BB- (sf) |
Short-Term Credit | K1+ (sf), K1 (sf) | K2 (sf) | K3 (sf) | Below K3 (sf) | |
Moody's Investors Service | |||||
Global long-term rating scale | Aaa(sf) to Aa3(sf) | A1(sf) to A3(sf) | Baa1(sf) to Baa3(sf) | Ba1(sf) to Ba3(sf) | Below Ba3(sf) |
Global short-term rating scale | P-1(sf) | P-2(sf) | P-3(sf) | NP(sf) | |
Standard & Poor's Ratings Services | |||||
Long-term issuer credit ratings scale | AAA (sf) to AA- (sf) | A+ (sf) to A- (sf) | BBB+ (sf) to BBB- (sf) | BB+ (sf) to BB- (sf) | Below BB- (sf) |
Short-term issuer credit ratings scale | A-1+ (sf), A-1 (sf) | A-2 (sf) | A-3 (sf) | Below A-3 (sf) | |
Scope Rating AG | |||||
Global long-term rating scale | AAASF to AA-SF | A+SF to A-SF | BBB+SF to BBB-SF | BB+SF to BB-SF | Below BB-SF |
Global short-term rating scale | S-1+SF, S-1SF | S-2SF | S-3SF | S-4SF | |