The A- issuer rating combined with governance and cover pool support results in highest ratings. The low-LTV cover assets are resilient to high stresses. Soft-bullet profile and overcollateralsiation reduce risks from maturity mismatches.

The A- issuer rating combined with fundamental and cover pool support results in the highest possible rating. The low-LTV cover assets are resilient to high stresses. The soft-bullet profile and overcollateralisation reduce risks from maturity mismatches.

The A- issuer rating combined with fundamental credit and cover pool support results in the highest achievable ratings for the bonds. The domestic, residential, low-LTV cover pool is resilient to high stresses, but maturity mismatches persist.

The covered bond rating reflects sound issuer credit quality and unchanged cover pool support. Residential, low-LTV and fully domestic cover pool is resilient to high credit stresses. Maturity mismatches have decreased but remain material.

Scope Ratings has updated its rating report on the Obligasjoner med fortrinnsrett (Norwegian mortgage-covered bonds) issued by Landkreditt Boligkreditt AS.

Covered bond rating reflects sound issuer credit quality and unchanged cover pool support. Residential, low-LTV and fully domestic cover pool resilient against high credit stresses. Maturity mismatches remain largest risk contributor.

Scope Ratings has published its rating report on Landkreditt Boligkreditt’s Norwegian, residential mortgage-backed covered bonds, rated AAA with a Stable Outlook.

Issuer ratings of A- for both Landkreditt Bank and wholly-owned subsidiary Landkreditt Boligkreditt reflect the Norwegian bank's solid credit fundamentals. AAA covered bond ratings reflect sound credit quality of cover pool and fundamental credit support.