Pakistani Defense Sector - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015
- Published: July 2010
- Region: Pakistan
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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 Deutsche Postbank's public sector covered bonds. We have also assigned a stable outlook to the ratings on these bonds. FRANKFURT (Standard & Poor's) April 22, 2010--Standard & Poor's Ratings Services today affirmed and removed from CreditWatch negative its 'AAA' long-term and 'A-1+' short-term credit ratings on Deutsche Postbank AG's public sector covered bonds (Oeffentliche Pfandbriefe). At the same time, we have assigned a stable outlook to these bonds (see ratings list below). Today's affirmations follow the application of our updated covered bond criteria (see "Revised Methodology And Assumptions For Assessing...
Companies mentioned in this report are: Deutsche Postbank AG
Action: Outlook: Stable
Action: Removed From CreditWatch
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Deutsche Postbank AG