Announcements
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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
28/11/2022 Rating announcement EN
Scope affirms at AAA/Stable the Austrian mortgage-covered bonds issued by Bank Burgenland
The rating reflects strong support from the cover pool. Credit risks stemming from the mixed cover pool in combination with asset-liability mismatches drive the level of rating-supporting OC. High stakeholder cohesiveness increases the rating floor.
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