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Refinancing

The target of apoBank's refinancing strategy is the refinancing of its lending business at matching maturities as well as ensuring liquidity at all times. apoBank's funding is based on a broadly diversified investor basis and a stable sediment of low volatile deposits of apoBank's customers.

Funding sources as of December 31, 2010:

Funding sources

1) Incl. about EUR 6.0 bn determinated publicly refinanced program loans forwarded to clients (e.g. KfW loans)
2) Other liabilities, provisions, fund for general banking risks, etc.
3) Including promissory notes and registered bonds placed with institutional clients

Medium- and long-term funding

apoBank is a well-etablished market participant with a good credit rating, thus the bank is able to place secured and unsecured bonds at the capital market at any time. apoBank's sources for medium- and long-term funding at the capital market are bearer bonds out of the "Debt Issuance Programme" (DIP) with a programme volume of EUR 15 bn (as of 31 December 2010: EUR 7.1 bn), registered note and promissory notes as well, which are also placed with apoBank's institutional customers. The funding of the loan business is also done by publicly refinanced programme loans (e.g. KfW loans).

Short-term funding

For short-term funding (< 1 year) apobank makes use of its "European Commercial Paper Programme" since 2001, and of existing money market lines with other banks. In addition to that the bank has a high stock of ecb eligible assets and can use refinancing operations by the European Central Bank (ECB). apoBank issues short-term securities at the capital market as well.

Customer funds- apoObligations

For the bank the customer deposits are a stable funding basis. In this regard the bank offers several attractive deposit products to its customers. The range of investment products is completed by placements with retail customers, which are offered by apoBank's own branch network. With maturities between 12 months and five years the placements with retail customers correspond to interests of apoBank's retail investors.
Medium and long-term Refinancing, new issues Download
(PDF:22 KB)

 

I have read and understood the information concerning "no advice / no investment recommendation(s)" as well as the handling of the prospectus and I confirm that I am not a U.S. person and not domicilied in the United States.

 

Debt Issuance Programme Download
(PDF:22 KB)
Debt Issuance Programme, Benchmark notes Download
(PDF:22 KB)
Debt Issuance Programme, Current Prospectus Download
(PDF:781 KB)
European Commercial Paper Programme Download
(PDF:22 KB)
European Commercial Paper Programme, Current Prospectus Download
(PDF:88 KB)

 

Information pursuant to the prospectus obligation according to the German security prospectus law (WpPG),

2012

Issue Security Identification Number (ISIN) Final Terms Terms and Conditions
0% apoZero A 1228,Tranche 8 DE000A1MA3E4 Download
(PDF:45 KB)
Download
(PDF:38 KB)
1,75% apoObligation A 1229,Tranche 2 DE000A1MA3F1 Download
(PDF:81 KB)
Download
(PDF:36 KB)
2,00% apoObligation A 1230, Tranche 4 DE000A1MA3G9 Download
(PDF:90 KB)
Download
(PDF:36 KB)
2,00% apoObligation A 1230, Tranche 3 DE000A1MA3G9 Download
(PDF:77 KB)
Download
(PDF:36 KB)
2,00% apoObligation A 1230, Tranche 2 DE000A1MA3G9 Download
(PDF:80 KB)
Download
(PDF:64 KB)
0% apoZero A 1228, Tranche 7 DE000A1MA3E4 Download
(PDF:45 KB)
Download
(PDF:38 KB)
0% apoZero A 1228, Tranche 6 DE000A1MA3E4 Download
(PDF:45 KB)
Download
(PDF:38 KB)
2,00% apoObligation A 1231, Tranche 1 DE000A1MA3H7 Download
(PDF:80 KB)
Download
(PDF:64 KB)
0% apoZero A 1228, Tranche 5 DE000A1MA3E4 Download
(PDF:75 KB)
Download
(PDF:38 KB)
2,00% apoObligation A 1230 DE000A1MA3G9 Download
(PDF:76 KB)
Download
(PDF:36 KB)
0% apoZero A 1228, Tranche 4 DE000A1MA3E4 Download
(PDF:42 KB)
Download
(PDF:38 KB)
1,75% apoObligation A 1227, Tranche 2 DE000A1MA3D6 Download
(PDF:89 KB)
Download
(PDF:36 KB)
0% apoZero A 1228, Tranche 3 DE000A1MA3E4 Download
(PDF:41 KB)
Download
(PDF:37 KB)
0% apoZero A 1228, Tranche 2 DE000A1MA3E4 Download
(PDF:75 KB)
Download
(PDF:67 KB)

 

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