Credit Rating Report

Deutsche Bank A.G. Conditional Pass-Through Structured Covered Bonds (Structured - Mortgages): Surveillance Report

Covered Bonds

Summary

On November 19, 2021, DBRS Ratings GmbH (DBRS Morningstar) confirmed its AA ratings on the notes issued under the Deutsche Bank AG (DB AG or the Issuer) Conditional Pass-Through Structured Covered Bonds Programme (the Programme) guaranteed by SCB Alpspitze UG. The confirmations follow the completion of a full review of the Programme.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

Issuers

Contacts

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