Rating Assigned To Deutsche Bank's Hypothekenpfandbrief Series 2 Covered Bond Issuance - S&P Global Ratings’ Credit Research

Rating Assigned To Deutsche Bank's Hypothekenpfandbrief Series 2 Covered Bond Issuance

Rating Assigned To Deutsche Bank's Hypothekenpfandbrief Series 2 Covered Bond Issuance - S&P Global Ratings’ Credit Research
Rating Assigned To Deutsche Bank's Hypothekenpfandbrief Series 2 Covered Bond Issuance
Published Apr 06, 2011
Published Apr 06, 2011
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

OVERVIEW We have assigned a 'AAA' rating to Deutsche Bank's €1 billion mortgage covered bonds issuance with an expected final maturity in April 2018. The outlook is stable. The cover pool backing the bonds comprises commercial real estate loans, residential mortgage loans extended to individuals and small corporate entities, and a small amount of liquid collateral. LONDON (Standard&Poor's) April 6, 2011--Standard&Poor's Ratings Services today assigned its 'AAA' credit rating to the €1 billion fixed-rate Hypothekenpfandbrief (German legislation-enabled mortgage covered bonds) issued by Deutsche Bank AG (DB; A+/Stable/A-1). The outlook is stable. At the same time, we have affirmed the 'AAA' rating on the outstanding series 1. The rating reflects our expectation of timely payment of interest

  
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:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Rating Assigned To Deutsche Bank's Hypothekenpfandbrief Series 2 Covered Bond Issuance" Apr 06, 2011. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Rating-Assigned-To-Deutsche-Bank-s-Hypothekenpfandbrief-Series-2-Covered-Bond-Issuance-859271>
  
APA:
S&P Global Ratings’ Credit Research. (). Rating Assigned To Deutsche Bank's Hypothekenpfandbrief Series 2 Covered Bond Issuance Apr 06, 2011. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Rating-Assigned-To-Deutsche-Bank-s-Hypothekenpfandbrief-Series-2-Covered-Bond-Issuance-859271>
  
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