Announcements

    Drinks

      THURSDAY, 25/07/2019 - Scope Ratings GmbH
      Download PDF

      New analysis on covered bonds issued by Austrian Wüstenrot

      Scope Ratings has updated its performance report on the Hypothekenpfandbriefe (Austrian mortgage covered bonds) issued by Bausparkasse Wüstenrot AG.

      Salzburg-based Bausparkasse Wüstenrot AG’s AAA covered bond ratings reflect the bank’s issuer rating, enhanced by up to four notches of fundamental credit support and three notches of cover pool support. Maturity mismatches drive the rating-supporting overcollateralisation level. The high credit quality of the domestic residential cover pool adds only incremental risk.

      On 12 July 2019, Scope affirmed the covered bonds at AAA/Stable. Click here for the corresponding press release.

      Download the performance update 

      Related news

      Show all
      New analysis on covered bonds issued out of Realkredit’s capital centre S and capital centre T

      2/5/2025 Monitoring note

      New analysis on covered bonds issued out of Realkredit’s ...

      Growing supply-demand imbalance threatens housing affordability in Europe

      29/4/2025 Research

      Growing supply-demand imbalance threatens housing ...

      Updated rating report on Aurskog Sparebank

      23/4/2025 Monitoring note

      Updated rating report on Aurskog Sparebank

      Scope affirms Aurskog Sparebank’s issuer rating at A- with Stable Outlook

      16/4/2025 Rating announcement

      Scope affirms Aurskog Sparebank’s issuer rating at A- with ...

      Updated rating report on Banca Popolare di Sondrio

      16/4/2025 Monitoring note

      Updated rating report on Banca Popolare di Sondrio

      Scope affirms Banca Popolare di Sondrio’s BBB issuer rating, revises Outlook to Positive

      10/4/2025 Rating announcement

      Scope affirms Banca Popolare di Sondrio’s BBB issuer rating, ...