European rating agency. Objective, transparent, independent.
European rating agency. Objective, transparent, independent.

Commerzbank AG/Public Sector Covered Bonds/LC

Commerzbank AG

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
AA Watch UNW 05.07.2021 06.07.2021
AA Outlook NEG 10.12.2020 16.12.2020
AA+ Watch NEW 24.03.2020 28.03.2020
AA+ Outlook STA 11.12.2019 17.12.2019
AA Outlook STA 10.12.2018 19.12.2018


  • 06.07.2021
    Creditreform Rating AG has revised its rating methodology for the rating of banks (Bank Ratings). Henceforth, only the revised version of the rating methodology ("Version 3.0") will be applied with the end of the consultation process. In addition, Creditreform Rating AG introduced the new sub-methodology „Institutional Protection Scheme Banks“. Hence, all current ratings of bank capital and unsecured bank instruments will be reviewed as part of our current monitoring and receive therefore the rating supplement "watch". Subsequently, the covered bond ratings will be reviewed and receive the rating supplement "watch" as well. Our revised rating methodologies can be found at
  • 16.12.2020
    Creditreform Rating has lowered the rating of the public sector covered bonds of Commerzbank AG to AA from AA+, The outlook is negative.

    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 28.03.2020
    Creditreform Rating has revised its outlook on all valid bank ratings, bank issues and covered bonds to watch negative from stable due to the currently not assessable impact of the Corona Crisis. Not affected by this rating action are government related banks. We refer to the free available Monitoring Report for a more detailed explanation.
  • 17.12.2019
    Creditreform Rating has raised the rating of the public sector covered bonds of Commerzbank AG to AA+ from AA, The outlook is stable.
  • 19.12.2018
    Creditreform Rating assigned a rating of AA to the public sector covered bonds of Commerzbank AG, The outlook is stable.

ISIN Liste

ISIN Action Validity Date Maximum Validity
DE000CB0HR19 20.03.2021
DE000CZ45V33 16.06.2020
DE000CZ45VX1 29.03.2020
DE000CZ45VW3 24.03.2020
DE000CZ45VV5 21.03.2020
DE000CZ45VT9 11.03.2020
DE000CZ45VQ5 22.02.2020
DE000CZ40NV3 18.04.2019 11.12.2019
DE000HBE1M04 19.12.2018
XS0244555131 19.12.2018 16.02.2021
XS0098779837 19.12.2018 19.06.2019
XS0098656597 19.12.2018 19.06.2019
DE000HBE1MF6 19.12.2018
DE000A0BNEJ2 19.12.2018 20.08.2019
DE000EH1ABY2 19.12.2018 07.11.2019
DE000EH1ABS4 19.12.2018 03.01.2019
DE000EH1ABD6 19.12.2018 09.09.2019
DE000EH1AAP2 19.12.2018 16.03.2020
DE000EH1AAK3 19.12.2018 02.03.2020
DE000EH1AA82 19.12.2018 16.07.2020
DE000EH1A4M7 19.12.2018 23.09.2019
DE000EH1A477 19.12.2018 04.06.2019
DE000EH0EC79 19.12.2018 22.02.2021
DE000EH0EC46 19.12.2018 16.02.2021
DE000CZ40KA3 19.12.2018 05.02.2019