More French OF downgrades likely from Fitch after CIF, CFF

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More French OF downgrades likely from Fitch after CIF, CFF

Obligations Fonciéres issued by Compagnie de Financement Foncier and CIF Euromortgage were downgraded one notch by Fitch this week following the rating agency’s downgrade of France’s long term rating to AA from AA+.

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