Standard & Poor's coverage was initiated 13 October 2011 and BRFKredit was assigned an issuer rating of A-
Covered bonds (SDO) are issued from Capital Center E.
Danish mortgage bonds (RO) are issued from Capital Centre B and the General Capital Centre.
Current credit rating from Standard & Poor's
The majority of the covered bonds and mortgage bonds issued by BRFkredit are rated by Standard & Poor's.
|Rating||Outlook||Last change||Previous rating|
|Covered bonds (SDOs)|
|- issued from Capital Centre E||AAA||Stable||17. Oct 2011||N/A|
|Mortgage bonds (ROs)|
|- issued from Capital Centre B||AAA||Stable||17. Oct 2011||N/A|
|- issued from General Capital Centre||AAA||Stable||27. Dec 2013||AA-|
|Long-term issuer rating||A-||Stable||24. Feb 2014||A- Negative|
|Short-term issuer rating||A-2||Stable||24. Feb 2014||A-2 Negative|
|EMTN Programme||A-||Stable||4. Dec 2012||N/A|
On 17 October 2011 bond issued by the Capital Centres E and B were assigned an AAA rating.
On 27 December 2013 bonds issued from BRFkredit's General Capital Centre was upgraded from an AA- rating to an AAA rating.
Selected rating table for BRFkredit is available here