Covered Bonds - DG Hyp
Covered Bonds - DG Hyp
Covered Bonds - DG Hyp
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<strong>DG</strong> HYP COVERED BONDS – PFANDBRIEFE – QUALITY THE PATH OUT OF THE CRISIS SPECIAL MAY 2009<br />
Issuer list<br />
(jumbo issuers) Public sector pfandbriefe Mortgage pfandbriefe Long term rating<br />
Private- and Mortgage Banks<br />
(Moody’s/ S&P/ Fitch) (Moody’s/ S&P/ Fitch) (Moody’s/ S&P/ Fitch)<br />
Aareal ---/---/AAA ---/---/AAA --- / --- / A- stab<br />
Berlin <strong>Hyp</strong> Aaa/AAA/AAA Aa1/---/AA+ --- / --- / A+ stab<br />
DEPFA Deutsche Pfandbriefbank AG Aaa/AAA/AAA *- Aaa/---/--- A3 neg/ BBB *+ / A- stab<br />
Deutsche <strong>Hyp</strong>othekenbank Hannover Aaa/AAA/--- Aaa/---/--- Aa3 stab/ --- / ---<br />
Deutsche Kreditbank Aaa/ ---/ --- ---/---/--- --- / --- / ---<br />
Deutsche Postbank AG ---/---/--- Aaa/AAA/AAA Aa3 *- / A- pos/ A+<br />
Dexia Kommunalbank Deutschland AG ---/AAA/--- ---/---/--- --- / --- / ---<br />
<strong>DG</strong> HYP ---/AAA/AAA ---/AAA/AAA --- / A neg/ A+ stab<br />
Düsseldorfer <strong>Hyp</strong>othekenbank ---/AAA/AAA *- ---/---/--- --- / --- / A- *-<br />
Eurohypo Aaa/AAA/AAA Aaa/AAA/AAA A1 neg/ A neg/ A stab<br />
<strong>Hyp</strong>oVereinsbank (HVB) Aaa/AAA/AAA Aa1 *+/---/AAA A1 stab/ A stab/ A+ stab<br />
<strong>Hyp</strong>o Real Estate Bank AG Aaa/AAA/AAA *- Aa3/---/AA+ *- A3 neg/ BBB *+ / A- stab<br />
Münchener <strong>Hyp</strong>othekenbank Aaa/---/--- Aaa/---/--- Aa3 stab/ --- / A+ stab<br />
SEB AG Aaa *-/---/--- Aaa *-/---/--- --- neg/ --- / A+ pos<br />
WL-Bank ---/AAA/--- ---/AAA/--- --- / A+ stab/ ---<br />
Landesbanken (not grandfathered))<br />
Bayerische Landesbank Aaa/AAA/AAA Aaa/AAA/--- Aa2 *- / BBB+ neg/ A+ stab<br />
DekaBank Aaa/AAA/--- ---/---/--- Aa2 stab/ A stab/ ---<br />
HSH Nordbank Aaa/---/AAA Aaa/---/AAA A2 stab/ BBB+ neg/ A stab<br />
Landesbank Hessen-Thüringen Aaa/AAA/AAA ---/---/AAA Aa2 stab/ A neg/ A+ stab<br />
LB Baden-Württemberg (LBBW) Aaa/AAA/AAA Aaa/---/--- Aa1 stab/ A- neg/ A+ stab<br />
Landesbank Berlin Aaa/---/AAA Aaa/---/AAA A1 stab/ --- / AA- stab<br />
Norddeutsche Landesbank Aaa/---/--- Aaa/---/--- Aa1 stab/ A- neg/ A stab<br />
Westdeutsche Immobilien Bank AG ---/AAA/--- ---/AAA/--- --- / BBB+ neg/ ---<br />
West LB AG Aaa/AAA/--- ---/---/--- A2 neg/ BBB+ neg/ A- stab<br />
Without recourse<br />
Source: Bloomberg, Fitch, Moody’s, Standard&Poor’s<br />
Fore further information and detailed rating reports please refer to the following web pages<br />
www.fitchratings.com<br />
www.moodys.com<br />
www.standardandpoors.com<br />
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