The rating may be upgraded if the ratings of the credit collateral banks holding the FLCF and the SLCF deposits and the bank providing the guarantee are upgraded to above the current 'BBB-sf' rating and portfolio performance remains sound, with adequate CE that can withstand stress at above a 'BBB-sf' rating scenario.

The rating may be upgraded if the ratings on the banks holding the FLCF and SLCF deposits and the bank providing the guarantee are upgraded to above 'BBB-' and portfolio performance remains sound, with adequate CE that can withstand stress at above a 'BBB-sf' rating scenario.

The rating may be upgraded if the ratings of the credit collateral banks holding the FLCF and the SLCF deposits and the bank providing the guarantee are upgraded to above the current 'BBB-sf' and the portfolio performance remains sound, with adequate credit enhancement that can withstand stress at above a 'BBB-sf' rating scenario.

The CE will comprise a first-loss credit facility (FLCF) and a second-loss credit facility (SLCF).

For both the transactions, the CE will comprise a first-loss credit facility (FLCF) and a second-loss credit facility (SLCF).

The ratings may be upgraded if the ratings of the credit collateral banks holding the FLCF and the SLCF deposits and the bank providing the guarantee are upgraded to above 'BBB-' and the portfolio performance remains sound, with adequate CEs that can withstand stress at above a 'BBB-sf' rating scenario.

The rating may be upgraded if the ratings of the credit collateral bank holding the FLCF deposit are upgraded to above 'BBB-' and the portfolio performance remains sound, with adequate CE that can withstand stress at above a 'BBB-sf' rating scenario.

The rating may be upgraded if the ratings of the credit collateral banks holding the FLCF and SLCF deposits and the guarantee bank providing the SLCF are upgraded to above 'BBB-' and the portfolio performance remains sound, with adequate CE that can withstand stress at above a 'BBB-sf' rating scenario.