WASHINGTON Moody's Investors Service said yesterday that it has prospectively assigned its highest rating for counterparty risk to Credit Lyonnais' derivatives program.

The rating agency said this is the first time it has given a separate rating to a derivatives program within a bank.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.