Standard & Poor's
|Public-Sector Covered Bonds||Aaa||—|
|Mortgage Covered Bonds||Aaa||—|
*) Securities issued before 31 Dec. 2001 which benefit from a secondary liability by the City of Vienna (grandfathered debt) are also rated as shown above by Standard & Poor's, while by Moody's the corresponding senior securities are rated A2.
The rating agency reports we have compiled constitute publicly accessible information. We have merely chosen to publish them on our website as an additional service for our investors. These reports do not necessarily represent the opinion of UniCredit Bank Austria AG. UniCredit Bank Austria AG accepts no liability for the completeness, timeliness, accuracy or selection of such information."
A "rating" assigned by a rating agency (such as "Moody's", "Standard & Poor's" and "Fitch") represents an opinion on the credit standing and the likelihood of default of a rated entity (e.g. of a company, a bank, etc.) or a security (e.g. a bond). Each rating agency uses its own methodology regarding the meaning of the ratings allocated.
Please find here an overview of the ratings used by rating agencies.
Please find here the ratings of UniCredit