CP: Change to Credit Rating Agencies Considered
By FEDERAL RESERVE
Published - Dec 02, 2022, 01:08 PM ET
Last Updated - Feb 09, 2023, 12:20 AM EST
On June 18, 2007, the Federal Reserve Board stopped using Fitch Investors Service as a credit rating source. Classification as AA or A2/P2 for rate calculations and classification as Tier-1 or Tier-2 for outstanding calculations are done using Moody's Investors Service and Standard & Poor's.