Deutsche Bank Mortgage Covered Bonds Affirmed At 'AAA', Withdrawn At Issuer's Request - S&P Global Ratings’ Credit Research

Deutsche Bank Mortgage Covered Bonds Affirmed At 'AAA', Withdrawn At Issuer's Request

Deutsche Bank Mortgage Covered Bonds Affirmed At 'AAA', Withdrawn At Issuer's Request - S&P Global Ratings’ Credit Research
Deutsche Bank Mortgage Covered Bonds Affirmed At 'AAA', Withdrawn At Issuer's Request
Published Mar 13, 2014
1211 words — Published Mar 13, 2014
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About This Report

  
Abstract:

OVERVIEW Overcollateralization in Deutsche Bank AG's mortgage covered bond program remains commensurate with the maximum potential notches of uplift according to our criteria. We are therefore affirming our rating on the program at 'AAA'. We are subsequently withdrawing the ratings on the program and all related issues at the issuer's request. The outlook was stable at the time of withdrawal. FRANKFURT (Standard&Poor's) March 13, 2014--Standard&Poor's Ratings Services said today it affirmed its 'AAA' ratings on the mortgage covered bond ("Hypothekenpfandbriefe") of Deutsche Bank AG (A/Stable/A-1). We subsequently withdrew the ratings on the program and all related issues at Deutsche Bank's request. The outlook was stable at the time of withdrawal. The affirmation was based on our

  
Brief Excerpt:

RESEARCH Deutsche Bank Mortgage Covered Bonds Affirmed At '###', Withdrawn At Issuer's Request Publication date: 13-Mar-2014 Primary Credit Analyst: Bernd Ackermann, Frankfurt (49) 69-33-999-153; bernd.ackermann@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
DBK@GR
Issuer
Deutsche Bank AG
GICS
Diversified Capital Markets (40203030)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Germany
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Deutsche Bank Mortgage Covered Bonds Affirmed At 'AAA', Withdrawn At Issuer's Request" Mar 13, 2014. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Deutsche-Bank-Mortgage-Covered-Bonds-Affirmed-At-AAA-Withdrawn-At-Issuer-s-Request-1274986>
  
APA:
S&P Global Ratings’ Credit Research. (). Deutsche Bank Mortgage Covered Bonds Affirmed At 'AAA', Withdrawn At Issuer's Request Mar 13, 2014. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Deutsche-Bank-Mortgage-Covered-Bonds-Affirmed-At-AAA-Withdrawn-At-Issuer-s-Request-1274986>
  
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