Assets

​The assets in the cover pool of Dexia Municipal Agency are of excellent quality.

  • They include exposures on publics sector (regions, departments, municipalities, etc.), States and public sector entities (healthcare facilities, etc.) and other exposures fully guaranteed by States or local governments.
  • Non-performing loans represent 0.04% per year of outstanding loans;
  • The early reimbursement rate represents less than 2% of outstanding loans.
  •  

    Rating


  • AAA
    Fitch
    confirmed in June 2011

  • Aa2 
    Moody's
    confirmed in
    April 2012


  • AAA watch negative
    S&P
    confirmed in
    January 2012


  • More information
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    Financial highlights

    as of December 31, 2011

    Cover pool

    77.0 € billion

    including 59 % eligible for refinancing by the ECB

    Privileged liabilities

    65.6 € billion

    Total balance sheet

    100.4 € billion

    Non-performing loans

    0.04 %

    Over-collateralization ratio

    115.7 %