Best borrowers 2011: Overall

Overall ’11 ’10 Entity Score 1 1 Germany (Deutsche Finanzagentur) 636 2 2 European Investment Bank 359 3 3 KfW Bank 334 4 4 France (Agence France Trésor) 320 5 5 BMW 319 6 8= Volkswagen 272 7 8= E.On 247 8 6 Telefónica 244 9 20= Netherlands (Agentschap van het Ministerie van Financien) 195 10 7 Daimler 184 11 47= Spain (Ministerio de Economia y Hacienda) 161 12 13 Deutsche Telekom 151 13 11 France Telecom 146 14 17 EDF 134 15 Finland (Valtioneuvosto) 131 16 26 Allianz 129 17 12 Brazil (Tesouro Nacional) 122 18 39 Renault 121 19 20= Italy (Departimento del Tesoro) 119 20 28 Virgin Media 117 21 15 RWE 115 22 35= Wind Telecomunicazioni 114 23 22 United Kingdom (UK Treasury-DMO) 110 24= 18 Fiat 109 24= 32 Enel 109 24= Continental 109 27 25 Axa 106 28= 38 Landesbank Baden-Wurttemberg 105 28= Siemens 105 30 27 KPN 102 31 47= Munich Re 100 32 19 Iberdrola 99 33 29 Vodafone 98 34= 30= Casino Guichard-Perrachon 95 34= 40 GDF Suez 95 36 41= PSA Peugeot Citroen 94 37 14 United States (US Treasury-ODM) 91 38 45= Gazprom 88 39= World Bank 86 39= 30= Turkey (Mailye Bankanligi) 86 39= 16 Poland (Ministry of Finance) 86 42 Russia 82 43 General Electric Finance 79 44 UPC 76 45 35= Heidelberg Cement 74 46 European Financial Stability Facility 72 47= 34 Tesco 71 47= Cades 71 49 10 General Electric 69 50= Austria 68 50= 45= Eurohypo 68