Rating-Information
Berlin Hyp’s public mortgage bonds have received the best ratings from both the rating agencies Fitch (AAA) and Moody’s (Aaa).
Its mortgage bonds have been assigned the AA+ rating by Fitch and
the Aa1 rating by Moody’s.
Fitch has assigned Berlin Hyp’s unguaranteed liabilities the long-term rating A+ and the short-term rating F1. The corresponding outlook has been rated as stable and Berlin Hyp’s individual rating has been assigned a D rating.
Investing free funds
On principle, the Berlin Hyp conducts money market transactions for the purpose of liquidity management with its parent company, the Landesbank Berlin AG. Accordingly, the supplementary covered bond coverage (substitute cover) is also deposited with this institution. It is to be expected that the Landesbank Berlin AG, integrated in the deposit security system of the Sparkassen-Finanzgruppe (institutional guarantee) will continue to receive good ratings from the rating agencies (lastly: Moody's A1/P-1; Fitch: AA-/F1+).
However, should the LBB’s Fitch short-term rating fall below F1+, the Berlin Hyp will deposit the requisite disposable funds for the purpose of covered bond coverage with other, suitable credit institutions within 30 days.