25/3/2024 Rating announcement EN
Scope affirms AAA rating of Wüstenrot’s Austrian mortgage-covered bonds, with Stable Outlook
The issuer’s credit strength combined with governance and cover pool support result in the highest rating. Market risks are moderate. Sound credit quality of the cover pool with granular, low loan-to-value domestic residential mortgage secured loans.
29/2/2024 Rating announcement EN
Scope affirms AAA rating on SSB Boligkreditt’s Norwegian mortgage-covered bonds, Outlook Stable
The issuer’s credit strength combined with governance and cover pool support result in the highest rating. A soft-bullet profile and overcollateralisation reduce risks from maturity mismatches; its low-loan-to-value cover assets are resilient to stress.
5/12/2023 Rating announcement EN
Scope affirms Verd Boligkreditt's mortgage covered bonds at AAA/Stable
The issuer's credit strength combined with governance and cover pool support results in highest rating. The soft-bullet profile and overcollateralisation reduce risks from maturity mismatches and low-LTV cover assets are resilient to high stresses.
22/11/2023 Rating announcement EN
Scope affirms at AAA/Stable the Austrian mortgage-covered bonds issued by Bank Burgenland
The rating reflects a combination of cover pool and governance support. Credit risks stemming from the mixed cover pool in combination with interest rate mismatches between assets and liabilitites drive the level of rating-supporting overcollateralisation
8/11/2023 Rating announcement EN
Scope assigns AAA rating to DNB Boligkreditt's NOK 50bn issue (NO0013056184), Outlook Stable
The rating on the Norwegian mortgage-covered bond reflects the issuer's credit quality enhanced by six notches of governance-based uplift. The high-quality cover pool with low mismatch risk provides additional rating stability.
6/11/2023 Rating announcement EN
Scope affirms Landkreditt Boligkreditt's mortgage covered bonds at AAA/Stable
The issuer rating of A- with stable outlook combined with governance support and the strength of the cover pool results in the highest achievable ratings for the covered bonds. Soft-bullets and overcollateralisation reduce maturity mismatch risks.
5/9/2023 Rating announcement EN
Scope affirms Totens Sparebank Boligkreditt's mortgage covered bonds at AAA/Stable
The issuer rating of A- with stable outlook combined with governance support and the strength of the cover pool results in the highest achievable ratings for the covered bonds. Soft-bullets and overcollateralisation reduce maturity mismatch risks.