Public-sector Pfandbriefe

Public Sector Financing as a part of the Treasury Activities is being used to diversify our portfolio in respect to risk and earnings. The issuance of Public Sector Pfandbriefe is a long term refinancing instrument in this business segment. Our selcetive approach by chosing the Public Sector Assets is being mirrowed in the Public Sector Cover Pool.

Our Public Sector Pfandbriefe are being rated by Fitch with AAA.