Investing sustainable & profitable Our bonds

Information and documentation on bonds in the W&W-Group. For information on our "Transparenzangaben" we refer to our German Homepage since they are not available in English.

    Information on our debt issuance programmes:

    Wüstenrot & Württembergische AG

    Wüstenrot Bausparkasse AG

The W&W Group as a solid and sustainable investment

By diversifying a portfolio with bonds, the overall financial risk can be reduced. Our bonds offer investors an attractive return and the security of a financially strong and profitable group of companies. Stable and predictable returns through regular interest payments are particularly appreciated by investors who are looking for security and a reliable source of income.

Social and ecological aspects are important components of our investment strategy. The principles governing the consideration of ESG factors are set out in our Responsible Investment Policy. Among other things, the policy defines exclusion criteria for companies and sovereign issuers that are not aligned with our investment principles. We also raise funds for the financing of energy-efficient real estate and renewable energy projects through the issuance of Green Bonds and Green Covered Bonds.

The emission of green (covered) bonds is issued within the W&W Group as part of the so-called Green Bond Framework. This framework is based on the Green Bond Principles and defines the aspects associated with the issue of green bonds within the W&W Group (e.g. the selection criteria for the usage of the issue proceeds).

W&W Green Bond Framework

In order to offer transparency to all investors during the issue and throughout the term of the green bonds, each issuer of the W&W (currently only Wüstenrot Bausparkasse) publishes an individual green bond investor report every year. This consists of an allocation (use of proceeds) and an impact (effect on the environment) reporting.

Reasons to invest in W&W

  • Value-based business model

    Our business model is geared towards stability and sustainability. As a service provider, we address the basic needs of our customers around the life topics housing, wealth, security and the future with holistic advice and comprehensive assistance.

    Learn more about our mission
  • Attractive stakeholder value

    High relevance and demand in the business areas served, together with our low-risk business model, ensure solid key figures, sustainable profits, persistent ratings, stable dividends and a promising upside potential for the share.

    View annual report of the W&W Group
  • High market presence and customer proximity

    Large customer potential, sought-after services and a comprehensive sales channel mix, give us access to millions of customers throughout Germany.

    Learn more about our corporate structure
  • Connected to the future

    We see sustainability as a continuous process that shapes our business activities. We are committed to gradually making our business more environmentally friendly, socially responsible and economically successful.

    View investment principles

Ratings

Current ratings assigned by S&P to companies of the W&W-Group.

Sort by:

Financial Strength Rating
Issuer
Credit Rating
Short-Term Issuer
Credit Rating
Further Ratings
Wüstenrot & Württembergische AG Financial Strength RatingBBB+ Outlook stable Issuer
Credit Rating
BBB+ Outlook stable
Short-Term Issuer
Credit Rating
A-2
Further RatingsNachranganleihe 2021: BBB-
Nachranganleihe 2025: BBB-
Württembergische Versicherung AG Financial Strength RatingA- Outlook stable Issuer
Credit Rating
A- Outlook stable
Short-Term Issuer
Credit Rating
-
Further Ratings-
Württembergische Lebensversicherung AG Financial Strength RatingA- Outlook stable Issuer
Credit Rating
A- Outlook stable
Short-Term Issuer
Credit Rating
-
Further Ratings-
Wüstenrot Bausparkasse AG Financial Strength Rating- Issuer
Credit Rating
A- Outlook stable
Short-Term Issuer
Credit Rating
A-1
Further Ratings-
Württembergische Lebensversicherung AG Financial Strength Rating- Issuer
Credit Rating
-
Short-Term Issuer
Credit Rating
-
Further RatingsHybridkapitalanleihe: BBB
Wüstenrot Bausparkasse AG Financial Strength Rating- Issuer
Credit Rating
-
Short-Term Issuer
Credit Rating
-
Further RatingsHypothekenpfandbriefe: AAA
Wüstenrot Bausparkasse AG Financial Strength Rating- Issuer
Credit Rating
-
Short-Term Issuer
Credit Rating
-
Further RatingsSenior Preferred Issue: A-
Wüstenrot Bausparkasse AG Financial Strength Rating- Issuer
Credit Rating
-
Short-Term Issuer
Credit Rating
-
Further RatingsNachranganleihe: BBB

Additional rating documents

Sort by:

Wüstenrot & Württembergische AG
Wüstenrot Bausparkasse AG
Additional Ratings
Wüstenrot & Württembergische AGRating W&W Standard & Poor’s Juli 2026 Wüstenrot Bausparkasse AGRating Wüstenrot Standard & Poor’s September 2025 Additional RatingsRating Covered Bond Program Wüstenrot February 2026
Wüstenrot & Württembergische AGRating W&W Standard & Poor’s Juni 2026 Wüstenrot Bausparkasse AGRating Wüstenrot Standard & Poor’s September 2024 Additional RatingsRating Senior Preferred Issue Wüstenrot April 2025
Wüstenrot & Württembergische AGRating W&W Standard & Poor’s Juli 2025 Wüstenrot Bausparkasse AGRating Wüstenrot Standard & Poor’s September 2023 Additional RatingsRating Covered Bond Program Wüstenrot February 2025
Wüstenrot & Württembergische AGRating W&W Standard & Poor’s Juni 2024 Wüstenrot Bausparkasse AGRating Wüstenrot Standard & Poor’s September 2022 Additional RatingsRating Covered Bond Program Wüstenrot March 2024

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