Ratings

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