Current Ratings

	Long term	Short term	Outlook	Evaluation Date / Confirmation	Website
Moody's	Baa1	P-2	Stable	17/05/2019	www.moodys.com
Standard & Poor's	BBB+	A-2	Stable	31/05/2019	www.standardandpoors.com
Fitch	BBB+	F2	Negative	27/03/2020	www.fitchratings.com
DBRS	A	R-1 (low)	Stable	29/03/2019	www.dbrs.com

Covered Bonds

	Rating	Outlook	Evaluation Date / Confirmation
Moody's	Aa1	--	17/04/2018
Standard & Poor's	AA	Stable	19/03/2019
DBRS	AAA	--	15/01/2020

The ratings may be revised, suspended or withdrawn by the rating agency at any time. These ratings do not constitute a recommendation to buy or sell.