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

Public Sector Covered Bonds

Nord/LB Luxembourg S.A. Covered Bond Bank

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
AAA Outlook STA 07.11.2024 12.11.2024
AA+ Outlook STA 30.10.2023 06.11.2023
AA Outlook STA 12.10.2022 18.10.2022
AA Outlook STA 08.10.2021 18.10.2021
A+ Watch UNW 05.07.2021 06.07.2021
A+ Outlook STA 25.09.2020 01.10.2020
AA- Watch NEW 24.03.2020 28.03.2020
AA- Watch UNW 18.12.2019 23.12.2019
AA- Outlook STA 11.02.2019 21.02.2019

News

  • 12.11.2024
    Creditreform Rating has upgraded the rating of the public covered bonds of NORD/LB Luxembourg S.A. Covered Bond Bank from AA+ to AAA. The outlook is stable.

    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.
  • 06.11.2023
    Creditreform Rating has upgraded the rating of the public covered bonds of NORD/LB Luxembourg S.A. Covered Bond Bank from AA to AA+. The outlook is stable.

    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.
  • 18.10.2022
    Creditreform Rating has affirmed the rating of the public covered bonds of NORD/LB Luxembourg S.A. Covered Bond Bank at AA. The outlook is stable.

    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.
  • 18.10.2021
    Creditreform Rating has raised the rating of the public sector covered bonds of NORD/LB Luxembourg S.A. Covered Bond Bank to AA from A+, The outlook is stable.

    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.
  • 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 www.creditreform-rating.de.
  • 01.10.2020
    Creditreform Rating has lowered the rating of the public sector covered bonds of NORD/LB Luxembourg S.A. Covered Bond Bank to A+ from AA-, The outlook is stable.

    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.
  • 23.12.2019
    Creditreform Rating has set the rating of the public sector covered bonds of NORD/LB Luxembourg S.A. Covered Bond Bank at “watch”. This is primarily due to the issuer rating, which is also set at “watch”. Should any changes occur to the rating in the future, we will update them accordingly during monitoring.
  • 21.02.2019
    Creditreform Rating assigned a rating of AA- to the public sector covered bonds of NORD/LB Luxembourg S.A. Covered Bond Bank, The outlook is stable.

ISIN Liste

ISIN Action Validity Date Maximum Validity
XS0337182413 23.02.2021 21.11.2022
XS2186093410 17.06.2020
XS2079316753 01.02.2020 30.10.2024
XS1959949196 12.03.2019 07.03.2024
XS1734579441 21.02.2019
XS1617529323 21.02.2019 23.05.2022
XS1569741884 21.02.2019 23.08.2021
XS1432510631 21.02.2019 16.06.2023
XS1327548530 21.02.2019 02.12.2024
XS1289534262 21.02.2019 10.09.2019
XS1199018398 21.02.2019 10.03.2020
XS0557954368 21.02.2019 05.11.2020
XS0451363708 21.02.2019 30.08.2019