Credit Rating Report

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

Covered Bonds

Summary

On 11 November 2024, DBRS Ratings GmbH (Morningstar DBRS) upgraded its credit ratings on the notes issued under the Deutsche Bank AG Conditional Pass-Through Structured Covered Bonds (Structured - Mortgages) programme guaranteed by SCB Alpspitze UG1 to AA (high) from AA.

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