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  DateDocument Type Title Issuer/Entity
15 Dec 2021 Outlook Structured Finance – Japan: 2022 Outlook - Ongoing economic recovery will be positive but growing inequalities pose risks
 The document has been translated in other languages

14 Dec 2021 Issuer In-Depth Government of Japan: Labor market stability preserves household purchasing power and government funding conditions, supporting credit quality Japan, Government of
09 Dec 2021 Sector In-Depth Regional and local governments – Emerging markets: Widening infrastructure gaps present growing fiscal and social challenges
07 Dec 2021 Issuer In-Depth Government of China: Policies have reduced leverage of most-indebted SOEs but additional progress will be more difficult
 The document has been translated in other languages

China, Government of
06 Dec 2021 Outlook Structured Finance - Australia: 2022 Outlook - Solid economic growth will support performance, but rising debt burdens are a risk (Slides)
26 Nov 2021 Sector In-Depth Telecommunications – Asia-Pacific: Debt and leverage for some rated telcos will increase because of spectrum liabilities
24 Nov 2021 Sector In-Depth Structured Finance – Japan: Pandemic has heightened borrower inequalities, polarizing credit risks
 The document has been translated in other languages

15 Nov 2021 Outlook Regional Governments – Australia: 2022 outlook stable as reopening drives strengthening in revenue; rising debt burdens pose a challenge (Slides)
29 Oct 2021 Outlook Non-Financial Companies – Global Industry Sector Outlooks: ISOs begin shifting to stable as inflation and trade concerns take center stage
27 Oct 2021 Sector In-Depth Nonfinancial Companies – Asia (ex Japan): Investment-grade companies can refinance their $921 billion 2022-26 bond maturities
25 Oct 2021 Sector In-Depth RMBS – Australia: Housing affordability will continue to worsen on rising prices and stagnant wages
14 Oct 2021 Sector In-Depth SME and installment sales ABS – Japan: SMEs' debt burdens have increased through pandemic, raising risks
 The document has been translated in other languages

08 Oct 2021 Sector Comment RMBS – Australia: Higher interest rate buffer is credit positive for new mortgages
01 Oct 2021 Sector In-Depth Regional Governments – Australia: Uneven recovery, varied vaccine rollouts and reopening hesitancy increase pressure on state budgets
27 Sep 2021 Sector In-Depth Construction – China: Leverage will stay high in 2021-22 as debt-driven investment offsets earnings growth
 The document has been translated in other languages

01 Sep 2021 Sector Comment RMBS – Japan: DTI ratios declining for private lenders' RMBS, a credit positive
 The document has been translated in other languages

30 Aug 2021 Sector Comment Banks – Korea: Mixed credit impact from suspension of household lending by some lenders
24 Aug 2021 Sector In-Depth Covered Bonds - Singapore: Housing affordability will stay sound as low interest rates offset rising property prices
29 Jul 2021 Outlook Non-Financial Companies – Global Industry Sector Outlooks: Positive ISOs set record in mid-2021 but virus and inflation worries temper optimism
14 Jul 2021 Sector In-Depth State-Owned Enterprises (SOEs) – China: Rated SOEs' leverage will decline in 2021-22 but remain above pre-pandemic level
 The document has been translated in other languages

07 Jun 2021 Sector In-Depth Debt after COVID – June 2021: Focus on sovereign debt: Unequal debt realities (Slides)
07 Jun 2021 Sector Update Auto ABS - Asia Pacific: Sector Update Q1 2021 - Performance is uneven amid divergent recovery from coronavirus downturn
02 Jun 2021 Issuer In-Depth Dai-ichi Life, Meiji Yasuda Life, Nippon Life, Sumitomo Life : Mortality margins remain stable but core profits vary because of differences in investment strategies Dai-ichi Life I...
Meiji Yasuda Li...
Nippon Life Ins...
Sumitomo Life I...
30 Apr 2021 Outlook Non-Financial Corporations – Global Industry Sector Outlooks: Virus vaccines shift ISOs positive, but variants caution a long road is still ahead
29 Apr 2021 Sector In-Depth Nonfinancial companies – Asia (ex Japan and Australia): Cash pile hits record-high $1.44 trillion with debt proceeds and increased cash flow
28 Apr 2021 Sector Comment Regional banks – Japan: Troubles at real estate firm highlight risks from exposure to the sector
14 Apr 2021 Sector In-Depth Macroeconomics – Emerging Markets: Quantitative easing programs are largely positive, but risks vary across economies
14 Apr 2021 Issuer Comment Government of Maldives: Maiden sukuk issuance alleviates near-term liquidity pressure, a credit positive, but financing risks will persist Maldives, Government of
09 Apr 2021 Sector Profile Corporate Finance Group - Global: Ratings Review Summary, Q1 2021
23 Mar 2021 Sector In-Depth Construction – China: Public-private partnerships raise credit risk, but rated companies have mitigants
 The document has been translated in other languages

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