TMSS 2025-26 Appendix 5
Argyll and Bute Council · 20 February 2025
Back to Policy and Resources Committee — 20 February 2025 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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APPENDIX 5 MUFG Weekly Credit List 07/02/2026 Long Term Short Term Long Term Short Term Long Term Short Term Suggested Duration Suggested Duration (Watch/Outloo k Adjusted) Suggested Duration (CDS Adjusted with manual override) Australia AAA Aaa AAA Not Applicable Not Applicable Not Applicable Australia and New Zealand Banking Group Ltd. AA- F1+ Aa2 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths Commonwealth Bank of Australia AA- F1+ Aa2 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths Macquarie Bank Ltd. A+ F1 Aa2 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths National Australia Bank Ltd. AA- F1+ Aa2 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths Westpac Banking Corp. AA- F1+ Aa2 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths Belgium AA- Aa3 AA Not Applicable Not Applicable Not Applicable BNP Paribas Fortis A+ F1 A1 P-1 A+ A-1 R - 6 mths R - 6 mths R - 6 mths KBC Bank N.V. A+ F1 Aa3 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Canada AA+ Aaa AAA Not Applicable Not Applicable Not Applicable Bank of Montreal AA- F1+ Aa2 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Bank of Nova Scotia AA- F1+ Aa2 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Canadian Imperial Bank of Commerce AA- F1+ Aa2 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths National Bank of Canada A+ F1 Aa2 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Royal Bank of Canada AA- F1+ Aa1 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths Toronto-Dominion Bank AA- F1+ Aa2 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Denmark AAA Aaa AAA Not Applicable Not Applicable Not Applicable Danske A/S A+ F1 A1 P-1 A+ A-1 R - 6 mths R - 6 mths R - 6 mths Finland AA+ Aa1 AA+ Not Applicable Not Applicable Not Applicable Nordea Bank Abp AA- F1+ Aa3 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths OP Corporate Bank plc WD WD Aa3 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths France AA- Aa3 AA- Not Applicable Not Applicable Not Applicable BNP Paribas A+ F1 A1 P-1 A+ A-1 R - 6 mths R - 6 mths R - 6 mths Credit Agricole Corporate and Investment Bank A+ F1 A1 P-1 A+ A-1 R - 6 mths R - 6 mths R - 6 mths Credit Agricole S.A. A+ F1 A1 P-1 A+ A-1 R - 6 mths R - 6 mths R - 6 mths Credit Industriel et Commercial A+ F1 A1 P-1 A+ A-1 R - 6 mths R - 6 mths R - 6 mths Societe Generale A- F1 A1 P-1 A A-1 R - 6 mths R - 6 mths R - 6 mths Germany AAA Aaa AAA Not Applicable Not Applicable Not Applicable Bayerische Landesbank A+ F1+ Aa2 P-1 NR NR O - 12 mths O - 12 mths O - 12 mths Commerzbank AG WD WD A1 P-1 A A-1 R - 6 mths R - 6 mths R - 6 mths Deutsche Bank AG A- F2 A1 P-1 A A-1 R - 6 mths R - 6 mths R - 6 mths DZ BANK AG Deutsche Zentral- Genossenschaftsbank AA- F1+ Aa2 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Landesbank Baden-Wuerttemberg A+ F1+ Aa2 P-1 NR NR O - 12 mths O - 12 mths O - 12 mths Landesbank Berlin AG Aa3 P-1 O - 12 mths O - 12 mths O - 12 mths Landesbank Hessen-Thueringen Girozentrale A+ F1+ Aa2 P-1 NR NR O - 12 mths O - 12 mths O - 12 mths Landwirtschaftliche Rentenbank AAA F1+ Aaa P-1 AAA A-1+ P - 24 mths P - 24 mths P - 24 mths Norddeutsche Landesbank Girozentrale A+ F1+ Aa2 P-1 NR NR O - 12 mths O - 12 mths O - 12 mths NRW.BANK AAA F1+ Aa1 P-1 AA A-1+ P - 24 mths P - 24 mths P - 24 mths Netherlands AAA Aaa AAA Not Applicable Not Applicable Not Applicable ABN AMRO Bank N.V. A F1 Aa3 P-1 A A-1 R - 6 mths R - 6 mths R - 6 mths BNG Bank N.V. AAA F1+ Aaa P-1 AAA A-1+ P - 24 mths P - 24 mths P - 24 mths Cooperatieve Rabobank U.A. A+ F1 Aa2 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths ING Bank N.V. AA- F1+ Aa3 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Nederlandse Waterschapsbank N.V. Aaa P-1 AAA A-1+ P - 24 mths P - 24 mths P - 24 mths Norway AAA Aaa AAA Not Applicable Not Applicable Not Applicable DNB Bank ASA Aa1 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths Qatar AA Aa2 AA Not Applicable Not Applicable Not Applicable Qatar National Bank A+ F1 Aa3 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Singapore AAA Aaa AAA Not Applicable Not Applicable Not Applicable Fitch Rating Moody's Ratings S&P Ratings
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DBS Bank Ltd. AA- F1+ Aa1 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths Oversea-Chinese Banking Corp. Ltd. AA- F1+ Aa1 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths United Overseas Bank Ltd. AA- F1+ Aa1 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths Sweden AAA Aaa AAA Not Applicable Not Applicable Not Applicable Skandinaviska Enskilda Banken AB AA- F1+ Aa3 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Svenska Handelsbanken AB AA F1+ Aa2 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths Swedbank AB AA- F1+ Aa3 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Switzerland AAA Aaa AAA Not Applicable Not Applicable Not Applicable UBS AG A+ F1 Aa2 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths United Arab Emirates AA Aa2 AA Not Applicable Not Applicable Not Applicable First Abu Dhabi Bank PJSC AA- F1+ Aa3 P-1 AA- A-1+ O - 12 mths O - 12 mths O - 12 mths United Kingdom AA- Aa3 AA Not Applicable Not Applicable Not Applicable Collateralised LA Deposit* Y - 60 mths Y - 60 mths Y - 60 mths Debt Management Office Y - 60 mths Y - 60 mths Y - 60 mths Multilateral Development Banks Y - 60 mths Y - 60 mths Y - 60 mths Supranationals Y - 60 mths Y - 60 mths Y - 60 mths UK Gilts Y - 60 mths Y - 60 mths Y - 60 mths Al Rayan Bank Plc A2 P-1 R - 6 mths R - 6 mths R - 6 mths Bank of Scotland PLC (RFB) AA- F1+ A1 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Barclays Bank PLC (NRFB) A+ F1 A1 P-1 A+ A-1 R - 6 mths R - 6 mths R - 6 mths Barclays Bank UK PLC (RFB) A+ F1 A1 P-1 A+ A-1 R - 6 mths R - 6 mths R - 6 mths Clydesdale Bank PLC A- F1 A1 P-1 A A-1 R - 6 mths R - 6 mths R - 6 mths Co-operative Bank PLC (The) BBB+ F1 A3 P-2 G - 100 days G - 100 days G - 100 days Goldman Sachs International Bank A+ F1 A1 P-1 A+ A-1 R - 6 mths R - 6 mths R - 6 mths Handelsbanken Plc AA F1+ AA- A-1+ O - 12 mths O - 12 mths O - 12 mths HSBC Bank PLC (NRFB) AA- F1+ A1 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths HSBC UK Bank Plc (RFB) AA- F1+ A1 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Lloyds Bank Corporate Markets Plc (NRFB) AA- F1+ A1 P-1 A A-1 O - 12 mths O - 12 mths O - 12 mths Lloyds Bank Plc (RFB) AA- F1+ A1 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths National Bank Of Kuwait (International) PLC A+ F1 A A-1 R - 6 mths R - 6 mths R - 6 mths National Westminster Bank PLC (RFB) A+ F1 A1 P-1 A+ A-1 R - 6 mths O - 12 mths O - 12 mths NatWest Markets Plc (NRFB) A+ F1 A1 P-1 A A-1 R - 6 mths R - 6 mths R - 6 mths Santander Financial Services plc (NRFB) A+ F1 A1 P-1 A- A-2 R - 6 mths R - 6 mths R - 6 mths Santander UK PLC A+ F1 A1 P-1 A A-1 R - 6 mths R - 6 mths R - 6 mths SMBC Bank International Plc A- F1 A1 P-1 A A-1 R - 6 mths R - 6 mths R - 6 mths Standard Chartered Bank A+ F1 A1 P-1 A+ A-1 R - 6 mths O - 12 mths O - 12 mths The Royal Bank of Scotland Plc (RFB) A+ F1 A1 P-1 A+ A-1 R - 6 mths O - 12 mths O - 12 mths Coventry Building Society A- F1 A3 P-2 G - 100 days G - 100 days G - 100 days Leeds Building Society A- F1 A3 P-2 G - 100 days G - 100 days G - 100 days Nationwide Building Society A F1 A1 P-1 A+ A-1 R - 6 mths R - 6 mths R - 6 mths Principality Building Society BBB+ F2 Baa1 P-2 N/C - 0 mths N/C - 0 mths N/C - 0 mths Skipton Building Society A- F1 A2 P-1 R - 6 mths R - 6 mths R - 6 mths Yorkshire Building Society A- F1 A2 P-1 R - 6 mths R - 6 mths R - 6 mths United States AA+ Aaa AA+ Not Applicable Not Applicable Not Applicable Bank of America N.A. AA F1+ Aa1 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths Bank of New York Mellon, The AA F1+ Aa1 P-1 AA- A-1+ P - 24 mths P - 24 mths P - 24 mths Citibank N.A. A+ F1 Aa3 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths JPMorgan Chase Bank N.A. AA F1+ Aa1 P-1 AA- A-1+ P - 24 mths P - 24 mths P - 24 mths Wells Fargo Bank, NA AA- F1+ Aa1 P-1 A+ A-1 O - 12 mths O - 12 mths O - 12 mths