Investor Presentaiton
Public pfandbrief cover pool
Overview
Cover assets
Number
Volume
German federal government
18
21
German federal states
159
1.036
German cities and municipalities
5.716
7.766
Other cover assets
42
197
Total
5.935
9.020
* EURM
Federal
Republic of
Other
Germany
2.4%
0.3% Federal
States (GER)
7.6%
Cities and
municipalities
(GER)
89.7%
Key figures*
Outstanding bond volume (EURm)
3.500
Rating Moody's
Aaa
Over-collateralization required by Moody's
Private
place-
ment
Bearer
bonds
1.0%
48%
52%
NPV over-collateralization
156.8%
Collateral score
2.7%
* As of December 2019
Source: Moody's
34 | Investor presentation | May 2020 | IFRS-data as of 31/12/2019
■
100% German assets
High granularity
(Ø-volume EUR 1.5m)
Rating over-collateralization
requirements significantly
exceeded
■ Collateral score stable on
low level
DKB
Deutsche Kreditbank AGView entire presentation