Serving investment needs of institutional investors, fedafin provides a comprehensive and continuously covered universe of cantonal, municipal, and company ratings. Our ratings allow banks, insurance companies, and pension funds to actively select and diversify with an above-average risk/return profile in the credit market.
When assigning an issuer rating, the issuer is generally regarded as a legal entity and no further distinction is made between individual debt claims. The rating assigned to an issuer generally corresponds to the rating assigned to an unsecured senior debt claim of the issuer.
The rating process is based on data and information required for a sound rating. When assigning ratings to regional and local authorities, we rely on publicly available information solely, while additional internal company information is also used on a case-by-case basis when assigning ratings to companies.