Ratings

We are rated by the international credit rating agencies S&P Global Ratings (S&P) and Fitch Ratings (Fitch)

Issuer S&P     FITCH    
Nykredit Realkredit A/S Long-term Short-term Outlook Long-term Short-term Outlook
Issuer credit rating A A-1 Positive A F1 Stable
Resolution Counterparty Rating A+ A-1        
Senior unsecured preferred debt A A-1   A+ F1  
Senior unsecured
non-preferred debt
BBB+     A    
Tier 2 subordinated debt BBB     A-    
Tier 2 contingent capital BBB     BBB    
Additional Tier 1 capital BB+     BB+    
Covered bonds (SDO)1 AAA   Stable      
Covered bonds (RO)2 AAA   Stable      
Senior secured debt3 AA-   Positive      
Nykredit Bank A/S Long-term Short-term Outlook Long-term Short-term Outlook
Issuer credit rating A A-1 Positive A F1 Stable
Resolution Counterparty Rating A+ A-1        
Senior unsecured preferred debt A A-1   A+ F1  
Deposits       A+ F1  
Totalkredit A/S Long-term Short-term Outlook Long-term Short-term Outlook
Covered bonds (RO)4 AAA   Stable      

SDO = Særlig Dækkede Obligationer, issued out of capital centres E and H

RO = Realkreditobligationer, issued out of capital centres General, C, D, G and I

Also known as Junior Covered Bonds (JCB) or Section 15 bonds, issued out of capital centre H

RO = Realkreditobligationer, issued out of capital centre C

 

Latest rating agency reports