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Moody's
Counterparty Risk Rating / Assessment A1 / A1 (cr)
Deposit Rating ("Junior Deposits") A1 stable
Long-term Issuer Credit Rating / "Preferred" senior unsecured debt ("senior") A1 stable
"Non-preferred" senior unsecured debt ("junior senior") Baa1
Stand-alone Rating ("Baseline Credit Assessment") baa2
Subordinated debt (Tier 2) Baa3
Short-term debt P-1

Rating Reports  
Credit OpinionAugust 13, 2018 PDF, 1.3 MB
Issuer ProfileAugust 09, 2018 PDF, 1.3 MB
Rating Action CommerzbankAugust 03, 2018 PDF, 132 kB
Rating Action German BanksJune 19, 2018 PDF, 129 kB
Credit OpinionJune 12, 2018 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 BondsDecember 31, 2017 PDF, 777 kB
Public Sector Covered BondsDecember 31, 2017 PDF, 1.2 MB

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