Moody’s confirms KommuneKredit’s Aaa rating

Moody’s Investor Service has published their Update to Credit Opinion confirming KommuneKredit’s Aaa rating and stable outlook.

 

Moody’s highlights KommuneKredit’s:

 

  • close link to government and the joint and several liability provided by all Danish regional and local governments
  • the excellent asset quality
  • direct oversight by sovereign, with prudent counterparty risk policies
  • a stable financial performance as a result of its public policy mandate
  • strong funding and liquidity and solid capitalisation relative to its peers

 

The full report can be found here.

 

For further information please contact:

CEO Jens Lundager

jlu@kommunekredit.dk

Download Moody’s Update to Credit Opinion here.

 

Download KommuneKredit’s Press Release here.

 

Historical rating reports can be found here