Ratings Assigned To Deutsche Bank SAE's ... - Standard & Poor's

Note that we calculate the current credit enhancement as (assets /liabilities.
ALMM--Asset-liability mismatch.
LIABILITIES MATURITY PROFILE
Year Percentage of covered
bonds outstanding (%)
2015 20.00
2017 20.00
2019 20.00
2022 20.00
2024 20.00
TOTAL 100.00
Deutsche Bank SAE's covered bonds' weighted-average life is 7.42 years, with
an even maturity concentration taking place in 2015, 2017, 2019, 2022, and
2024.
MORTGAGE BOOK CHARACTERISTICS
Residential General Mortgage Loan Book
Principal balance (EUR) 7,552,432,779
Total number of loans 66,916
Average loan size (EUR) 112,864
Weighted-average LTV ratio (%) 52.50
Weighted-average seasoning (months) 53.12
Weighted-average term to maturity (months) 269
Floating-rate loans (%) 99.96
Interest-only loans (%) 0.00
LTV--Loan-to-value.
Nonresidential General Mortgage Loan Book
Principal balance (EUR) 832,089,542
Total number of loans 2,947
Average loan size (EUR) 282,351
Weighted-average LTV ratio (%) 53.96
Weighted-average seasoning (months) 38.33
Weighted-average term to maturity (months) 141
Floating-rate loans (%) 96.81
Interest-only loans (%) 13.23
LTV--Loan-to-value.
Residential Legacy* Mortgage Loan Book
Ratings Assigned To Deutsche Bank SAE's Spanish Mortgage Covered Bonds
Principal balance (EUR) 733,323,427
Total number of loans 7,235
Average loan size (EUR) 101,358
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