AAA(so) rating for Citibank MBS issue

Chennai: The Credit Rating Information Services of India (Crisil) has assigned a AAA(so) rating to the issue of mortgage-backed pass-through certificates (PTC), backed by mortgages originated by Citibank.

This is the sixth rating assigned by Crisil to a mortgage-backed securitisation (MBS) programme of Citibank in the last one year, said a press release.