Notice regarding ratings:
CATEGORY AA: Instruments with a very high capacity for paying capital and interests within the agreed deadlines and terms.
They would not be significantly affected if faced with possible changes in the issuer,
the industry or the economy the instrument belongs to.
The “-“ subcategory expresses a lesser degree of protection within the AA category
First Class Level 1:
Stock certificates with the best combination of solvency, stable profitability of the issuer and volatility of their returns.
First Class Level 2
Stock certificates with a very good combination of solvency, stable profitability of the issuer and volatility of their returns.