S&P affirms Rentenbank

S&P said it affirmed the AAA long-term and A-1+ short-term issuer credit ratings on Landwirtschaftliche Rentenbank.

The outlook is stable.

The agency also affirmed the AAA issue ratings on Rentenbank's senior unsecured debt.

S&P said the ratings on Rentenbank are based on an assessment of an almost certain likelihood of timely and sufficient extraordinary support from Germany.

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