Initiation date
24/11/2016
Rating date
31/10/2023
Contacts
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Lead analyst
Claudio Bustamante, CFA
claudio.bustamante@ethifinance.com
EthiFinance Ratings upgrades BBVA RMBS 17 FT Class A rating from AA (sf) to AA+ (sf) . BBVA RMBS 17 FT is a granular securitization fund with a static pool of first-ranking residential mortgage loans granted to individuals, secured over properties located in Spain and structured under Spanish Legislation. The fund was established with the goal to obtain funding and liquidity. The residential mortgage loans were originated by Banco Bilbao Vizcaya Argentaria S.A ( BBVA ) and assigned to the Fund on May 2016. The legal maturity date is August 17, 2064.