’S HERTOGENBOSCH - Achmea Hypotheekbank N.V. announces today that it has requested Standard and Poor’s Rating Services to withdraw its rating (currently “AAA” watch neg) for Achmea Hypotheekbank’s EUR10 billion covered bond programme established in 2007.
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Achmea Hypotheekbank is a subsidiary of Achmea that offers residential mortgage loans in The Netherlands. Achmea Hypotheekbank funds itself in the capital market through the EUR 10 billion Covered Bond Programme and EUR 10 billion Secured Debt Programme.