# Regulation (EU) No 1233/2011 of the European Parliament and of the Council of 16 November 2011 on the application of certain guidelines in the field of officially supported export credits and repealing Council Decisions 2001/76/EC and 2001/77/EC (revoked), Appendix ANNEX XII

Extent: E+W+S+N.I.
Status: repealed

BUYER RISK CATEGORIES QUALITATIVE DESCRIPTIONS
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Better than Sovereign (SOV+)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Sovereign (SOV)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Equivalent to the Sovereign (CC0): Exceptionally Good Credit Quality
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Very Good Credit Quality (CC1)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Good to Moderately Good Credit Quality, Above Average (CC2)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Moderate Credit Quality, Average (CC3)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Moderately Weak Credit Quality, Below Average (CC4)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Weak Credit Quality (CC5)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

---
Source: https://www.legislation.gov.uk/eur/2011/1233/annex/II/annex/XII (the official version)
Page: https://openlegislation.uk/eu-regulation-2011-1233/annex-II/annex-XII
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.