Jérôme Bourque

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Jérôme Bourque

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9

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Methodology for Assigning Credit Ratings to Sovereigns

Staff Discussion Paper 2017-7 Philippe Muller, Jérôme Bourque
The investment of foreign exchange reserves or other asset portfolios requires an assessment of the credit quality of investment counterparties. Traditionally, foreign exchange reserve and asset managers have relied on credit rating agencies (CRAs) as the main source for credit assessments.

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