Rating

Ratings provide a clear indication to investors of the security of an investment in terms of the risk of default and represent a valuable and easily applied aid in deciding on investments.
The international rating agencies Moody's and Fitch Ratings accord SaarLB good credit ratings:
Rating Moody's with
state guarantor
liability
Moody's without
state guarantor
liabilitiy
Fitch with
state guarantor
liability
Fitch without
state guarantor
liability
Long-term-rating Aa1 A3 AAA A
Short-term-Rating P-2 F1
Outlook stable stable stable stable
         
Financial Strength
Outlook

Viability Rating*
D

stable
D

stable
C/D

-

bb+
C/D

-

bb+
         
Date November 2011
November 2011
September 2011
September 2011

* Fitch Ratings launched the new Viability Rating for financial institutions around the world on 29 July 2011. This Viability Rating represents a technical shift from the former individual rating.
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