Securities
IBB's own security issues
On 31 December 2010, Investitionsbank Berlin (IBB) recorded a refinancing stock on the capital market of around €10,0 bn of which around €6,8 bn was successfully generated by issuing securities of listed companies.
Debenture bonds
Investitionsbank Berlin is authorised to issue municipal bonds and other debenture bonds and to take up profit participation capital and subordinated liable capital.
The securities issued are usually admitted for official trading in the regulated market segment on the Berlin stock exchange. Asset classification
The listed securities were classified by the ESCB as “Tier One” assets and can hence be used Europe-wide as securities for open-market operations of the ESCB.
Transfer of obligations and securities taken over
With the demerger of Investitionsbank Berlin from Landesbank Berlin, the creditors registered as per 1 September 2004 were individually notified of the transfer of obligations under borrower's note loans or registered mortgage bonds of Landesbank Berlin to IBB.
Furthermore, mortgage bonds were transferred to IBB on 1 September 2004 for the purpose of divesting cover stocks. The securities transferred from Landesbank Berlin to IBB are traded in the regultated market segment on the Berlin stock exchange. The mandatory publication pursuant to section 11 of the German Offering Prospectus Law was published on 1 September 2004 in the Financial Times Germany.