Ratings

 

S&P

DBRS1

Moody’s

Pfandbrief Ratings                        

Public Sector Pfandbriefe

 

 

Aa1

Mortgage Pfandbriefe

 

 

Aa1

                                                                                                                                                  

Bank Ratings                        

Long Term

A-

BBB

 

Outlook / Trend

Negative

Positive

   

Short Term

A-2

R-2 (high)

 

Stand-alone Rating2

bbb

BBB

  

 

 

 

 

Long Term Debt Ratings

  

  

    

"Preferred" Senior Unsecured Debt3

A-

BBB

 

"Non-Preferred" Senior Unsecured Debt4

BBB-

BBB (low) 

 

Subordinated Debt

BB+

BB (high)

  

The above list does not include all ratings.
1 Rating mandate terminated with effect from 31 December 2018
2 S&P: Stand-alone credit profile; DBRS: Intrinsic Assessment
3 S&P: "Senior Unsecured Debt"; DBRS: "Senior Debt"
4 S&P: "Senior Subordinated Debt"; DBRS: "Senior Non-Preferred Debt"

Disclaimer

The rating information published on these web sites is a service for our investors. The information does not necessarily represent the opinion of Deutsche Pfandbriefbank AG. Ratings should not serve as a substitute for individual analysis. The information provided should not be seen as a recommendation to buy, hold or sell securities. Deutsche Pfandbriefbank AG does not assume liability for the completeness, timeliness, accuracy and selection of such information or for any potential damages which may occur in connection with this information.

The rating agencies may alter or withdraw their ratings at any time. The rating of an individual security issued by Deutsche Pfandbriefbank AG may differ from the ratings shown above or an individual security might not be rated at all. For the evaluation and usage of the rating information (including the rating reports), please refer to the respective rating agencies’ pertinent criteria and explanations, terms of use, copyrights and disclaimers, which are to be considered.

Direct contact

Silvia Knoll
Rating Agency Relations

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Fax +49 (0) 89 2880 - 14141
Contact via E-Mail

Andrea von Schnurbein
Rating Agency Relations

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85716 Unterschleißheim
Tel +49 (0) 89 2880 - 11568
Fax +49 (0) 89 2880 - 14141
Contact via E-Mail