Moody's rates Bancomer certificates A1

Moody's Investors Service said it assigned an A1 long-term global local-currency senior debt rating to BBVA Bancomer, SA's the third issuance of up to Ps. 700 million of certificados de depósito bancario de dinero a plazo, certificates of deposit.

Moody's de Mexico assigned a long-term Mexican national-scale senior debt rating of Aaa.mx to the notes.

The long-term global local-currency and Mexican national-scale senior debt ratings are based on the bank's senior ratings, the agency said. The notes issued under Bancomer's senior debt program rank pari passu with other types of the bank's senior obligations.

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