Since the portfolio was taken over, the volume of the Structured Products portfolio segment has decreased from EUR 43.9 billion originally to EUR 30.0 billion at the end of 2016. In November 2016, 87 exposures amounting to EUR 3.6 billion were transferred to the Structured Products portfolio in connection with the transaction with DEPFA. These were mainly structured financial products in the USA. In total, the sub-portfolio still comprised 541 exposures to 280 borrowers at the end of 2016. This segment covers the spectrum of structured credit instruments and includes asset-backed securities (ABS), commercial or residential mortgage-backed securities (CMBS or RMBS) and collateralised debt obligations (CDO). The regional focus is the USA and therefore the US dollar.

20170511 FMS WM Structured Products EN