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European rating agency. Objective, transparent, independent.

Nordea Mortgage Bank PLC

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A+ Outlook STA 31.08.2020 04.09.2020
AA- Watch NEW 24.03.2020 28.03.2020
AA- Outlook STA 02.07.2019 05.07.2019
AA- Outlook STA 04.12.2018 14.12.2018

News

  • 04.09.2020
    Creditreform Rating has lowered the rating of Nordea Mortgage Bank Plc from AA- to A+. The outlook is stable. In addition, Creditreform Rating has also lowered the rating of Additional Tier 1 Capital from BBB to BBB-, the rating of Tier 2 Capital from BBB+ to BBB, the rating of Non-Preferred Senior Unsecured Debt from A+ to A- and the rating of Preferred Senior Unsecured Debt from AA- to A. For more details regarding the rating, we refer to our rating report on our homepage.
  • 28.03.2020
    Creditreform Rating has set the rating of all valid bank ratings and bank issues to watch negative 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.
  • 05.07.2019
    Creditreform Rating has affirmed the rating of Nordea Mortgage Bank Plc at AA-. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 at BBB, the rating of Tier 2 at BBB+ and the rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) at AA-. Moreover, Creditreform has initially rated the Non-Preferred Senior Unsecured Debt at A+.
  • 14.12.2018
    Creditreform Rating has set the rating of Nordea Mortgage Bank PLC to AA-, with stable outlook. Creditreform Rating has also determined the ratings of the debt classes as follows. The rating of Additional Tier 1 was set to BBB, the rating of Tier 2 to BBB+ and the rating of the Senior Unsecured to AA-.