Ratings Affirmed On DekaBank's Public Sector Covered Bonds Following Revised Criteria Application; Outlook Stable - S&P Global Ratings’ Credit Research

Ratings Affirmed On DekaBank's Public Sector Covered Bonds Following Revised Criteria Application; Outlook Stable

Ratings Affirmed On DekaBank's Public Sector Covered Bonds Following Revised Criteria Application; Outlook Stable - S&P Global Ratings’ Credit Research
Ratings Affirmed On DekaBank's Public Sector Covered Bonds Following Revised Criteria Application; Outlook Stable
Published Jun 25, 2015
Published Jun 25, 2015
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW We have reviewed our ratings on DekaBank's covered bonds under our revised covered bonds criteria, published on Dec. 9, 2014. Following our review, we have affirmed our 'AAA' ratings on the covered bond program and related issuances. The stable outlook on the ratings on the covered bonds reflects the stable outlook on our long-term rating on the issuer and three unused notches of uplift from the reference rating level under our covered bonds criteria. LONDON (Standard&Poor's) June 25, 2015--Standard&Poor's Ratings Services said today that it has completed its review of its ratings on DekaBank Deutsche Girozentrale's public sector covered bond program. As a result, we have affirmed our 'AAA' ratings on the covered bond program

  
Report Type:

Ratings Action

Ticker
1030Z@GR
Issuer
GICS
Asset Management & Custody Banks (40203010)
Sector
Global Issuers, Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings Affirmed On DekaBank's Public Sector Covered Bonds Following Revised Criteria Application; Outlook Stable" Jun 25, 2015. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-Affirmed-On-DekaBank-s-Public-Sector-Covered-Bonds-Following-Revised-Criteria-Application-Outlook-Stable-1408656>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings Affirmed On DekaBank's Public Sector Covered Bonds Following Revised Criteria Application; Outlook Stable Jun 25, 2015. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-Affirmed-On-DekaBank-s-Public-Sector-Covered-Bonds-Following-Revised-Criteria-Application-Outlook-Stable-1408656>
  
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