EXHIBIT 99.1

HSBC FINANCE CORPORATION AND SUBSIDIARIES
DEBT AND PREFERRED STOCK SECURITIES RATINGS

	Standard &		Moody’s
	Poor’s		Investors
	Corporation		Service		Fitch, Inc.
As of December 31, 2008
HSBC Finance Corporation
Senior debt		AA−		Aa3		AA−
Senior subordinated debt		A+		A2		A+
Commercial paper		A-1+		P-1		F-1+
Series B preferred stock		A-2		A2		A+