Triple A ratings BNG

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Moody's has affirmed the AAA rating on BNG. The outlook on BNG is changed to negative from stable.

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The outlook change follows a similar action of Moody's on the State of the Netherlands on July 23, 2012. BNG's rating cannot be higher than the sovereign rating of the State of the Netherlands.

Fitch and Standard & Poor's (S&P) did affirm their AAA-ratings on BNG already, in october 2011 and january 2012 respectively. The rating of Fitch has a stable outlook and that of S&P a negative outlook.

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