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Moody's
Counterparty Risk Assessment A2 (cr)
Deposit Rating (Junior Deposits) A2 positive
"Preferred" senior unsecured debt (Senior-Senior) A2 positive
"Non-preferred" senior unsecured debt (Junior-Senior) / Long-term Issuer Credit Rating Baa1 stable
Financial strength (Baseline Credit Assessment) baa3
Subordinated debt (Tier 2) Ba1
Short-term debt P-1

Rating Reports  
Credit OpinionDecember 15, 2017 PDF, 1.3 MB
Credit OpinionJune 09, 2017 PDF, 1.3 MB
Rating Action German BanksNovember 21, 2016 PDF, 1.3 MB
Credit ResearchOctober 19, 2016 PDF, 1.7 MB
Press Release (former HF)June 09, 2016 PDF, 108 kB

Pfandbriefe
Mortgage Pfandbriefe Aaa
Public Sector Pfandbriefe Aaa

Rating Reports  
Mortgage Covered BondsJune 30, 2017 PDF, 1.2 MB
Public Sector Covered BondsJune 30, 2017 PDF, 872 kB

Structured Covered Bond
SME Structured Covered Bond Aa1

Rating Reports  
SME Structured Covered Bond
Programme
June 30, 2017 PDF, 1.1 MB

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