Moody's confirms KommuneKredits 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
• direct oversight by sovereign, with prudent counterparty risk policies
• the excellent asset quality
• 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 is attached.

For further information please contact:

CEO Jens Lundager

jlu@kommunekredit.dk