Achmea Hypotheekbank Covered Bond programme - 29th of June 2010

’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.

On 25 June Fitch Ratings assigned a “AAA” rating to Achmea Hypotheekbank covered bond programme. Stichting Trustee Achmea Covered Bond Company has no objection against the change in rating agencies.

 

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Funding Programme

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.