Overview
Due to its assets and liabilities structure, which is tailored to suit its business operations, the DB Group exclusively uses long-term financing.
An European debt issuance program comprising € 35 billion and an Australian debt issuance program (Kangaroo program) comprising 5 billion Australian dollars (AUD) are available for long-term financing.
| Financial instruments (€ billion) | Volume as of Jun 30, 2021 | thereof utilized | Volume as of Jun 30, 2020 | thereof utilized |
| European debt issuance program | 35.0 | 25.1 | 30.0 | 23.3 |
| Australian debt issuance program (AUD 5bn) | 3.2 | 0.9 | 3.1 | 0.9 |
| Multi-currency commercial paper program | 3.0 | 1.1 | 3.0 | - |
| Guaranteed credit facilities | 4.9 | 2.9 | 5.0 | 2.9 |
In addition to sustainably increasing the value of the company, the financial management of DB Group also aims to maintain a capital structure that is appropriate for ensuring a very good credit rating.
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