Ratings

SFIL

SFIL relies on high-quality ratings that take into account:

– the strategic importance of its public policy mission
– the close ties to its principal shareholder, the French government



SFIL
Moody’s
  • Aa3 *
S&P
  • AA
DBRS
  • AA (high)
French Republic
Moody’s
  • Aa2*
S&P
  • AA
DBRS
  • AAA

* Positive outlook


CAFFIL:

CAFFIL (fully owned by SFIL) is a covered bond issuer whose portfolio of assets only comprises loans granted to public sector entities.


Caffil
Moody’s
  • Aaa
S&P
  • AA+
DBRS
  • AAA