The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
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WestLB AG<br />
Herzogstrasse15<br />
40217 Düsseldorf<br />
Telephone: +49 211 826-0<br />
www.westlb.com<br />
www.westlbmarkets.de/pfandbriefe<br />
Shareholders:<br />
RSGV (25.032 %)<br />
WLSGV (25.032 %)<br />
NRW.BANK (30.862 %)<br />
State of North Rhine-Westphalia (17.766 %)<br />
Landschaftsverband Westfalen-Lippe<br />
and Rheinland (each 0.654 %)<br />
Public-sector cover pool<br />
Dec. 31, 2010<br />
€ million in %<br />
Dec. 31, 2009<br />
€ million<br />
Nominal volume 1)<br />
by ratings 2)<br />
AAA/Aaa/AAA<br />
AA/Aa/AA<br />
A/A/A<br />
BBB/Baa/BBB<br />
without rating<br />
by borrowers<br />
German Federal Government<br />
Federal states (Länder)<br />
Local authorities<br />
Public-sector financial institutions<br />
Others<br />
Other countries<br />
of which: EU<br />
non-EU<br />
Further cover assets 3) nominal<br />
Over-collateralization nominal<br />
net present value<br />
risk adjusted net present value 4)<br />
10,471<br />
4,358<br />
5,812<br />
301<br />
–<br />
–<br />
73<br />
2,909<br />
4,483<br />
1,045<br />
1,393<br />
568<br />
402<br />
861<br />
786<br />
706<br />
100<br />
41.62<br />
55.51<br />
2.87<br />
0.70<br />
27.78<br />
42.81<br />
9.98<br />
13.30<br />
5.42<br />
3.84<br />
11,032<br />
5,013<br />
5,630<br />
289<br />
100<br />
–<br />
155<br />
3,119<br />
4,777<br />
1,122<br />
1,259<br />
600<br />
478<br />
912<br />
803<br />
701<br />
1)<br />
including “further cover assets” pursuant to § 20, par. 2 PfandBG<br />
2)<br />
in case of split ratings, the inferior credit rating prevails<br />
3)<br />
pursuant to § 20, par. 2 PfandBG<br />
4)<br />
according to § 28, par. 1, S. 1 PfandBG – the lowest risk-adjusted value of over-collateralization<br />
151<br />
Presence in electronic media: Reuters: WESTLBJUMBO01 ff; Bloomberg: WLBJ; Tradeweb; Bondvision<br />
Contact:<br />
Covered Bonds/Public Finance Thorsten Schetter Tel.: +49 211 826 9755 thorsten_schetter@westlb.de<br />
Investor Relations Barbara Zierfuß Tel.: +49 211 826 2533 barbara_zierfuss@westlb.de<br />
Treasury Thierry Nardon Tel.: +49 211 826 2290 thierry_nardon@westlb.de
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