Research And Markets Research And Markets
0 CHECKOUT

Ratings Affirmed On 10 Covered Bond Programs (April 16, 2010 Review) Apr 10

  • ID: 1711704
  • April 2010
  • Standard & Poors
1 of 3

FEATURED COMPANIES

  • Danske Bank A/S
  • Deutsche Postbank AG
  • Nykredit Realkredit A/S
  • Totalkredit A/S
  • MORE

Abstract
OVERVIEW Today's rating actions follow the application of our revised criteria for assessing asset-liability mismatch risk in covered bonds. We have affirmed and removed from CreditWatch negative our ratings on 10 covered bonds programs and the debt they issue. We have also assigned a stable outlook to all of these programs. FRANKFURT (Standard & Poor's) April 16, 2010--Standard & Poor's Ratings Services today affirmed and removed from CreditWatch negative its 'AAA' credit ratings on 10 covered bond programs. At the same time, we have assigned stable outlooks to the covered bonds issued under these programs (see ratings list below). Today's affirmations follow the application of our updated covered bond criteria (see "Revised Methodology And Assumptions For Assessing Asset-Liability Mismatch Risk...

Companies mentioned in this report are:
- Nykredit Realkredit A/S
- Danske Bank A/S
- Dexia Kommunalbank Deutschland AG
- WL BANK AG Westfaelische Landschaft Bodenkreditbank
- Totalkredit A/S
- Deutsche Postbank AG
- UniCredit SpA Obbligazioni Bancarie Garantite Programme

Action: Affirmed
Action: Outlook: Stable
Action: Removed From CreditWatch

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and READ MORE >

Note: Product cover images may vary from those shown
2 of 3

- Nykredit Realkredit A/S
- Danske Bank A/S
- Dexia Kommunalbank Deutschland AG
- WL BANK AG Westfaelische Landschaft Bodenkreditbank
- Totalkredit A/S
- Deutsche Postbank AG
- UniCredit SpA Obbligazioni Bancarie Garantite Programme

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown