Financing programs


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 € 30 billion (Increase in June 2020) and an Australian debt issuance program (Kangaroo program) comprising 5 billion Australian dollars (AUD) are available for long-term financing.

As of  Dec 31 (€ billion)Volume 2020thereof utilizedVolume 2019thereof utilized
European debt issuance program30.
Australian debt issuance program
(AUD 5bn)
Multi-currency commercial paper program3.0 




Guaranteed credit facilities5.0-2.0-
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