S&P affirms Asigna

Standard & Poor's said it affirmed Asigna, Compensacion y Liquidacion's BBB+/A-2 counterparty credit rating and mxAAA/mxA-1+ Mexican national scale rating.

The outlook is stable.

The ratings reflect strong operational and financial safeguards, evidenced by its conservative and sophisticated risk management, stable financial performance and importance as the sole clearinghouse for derivatives in Mexico, S&P said.

The ratings are constrained by its concentration by product and by a small number of clearing members, the agency said.

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