Berlin - Troubled German mortgage lender Hypo Real Estate is to received another 10 billion euros (12.9 billion dollars) in state credit guarantees, the company said Wednesday.

The funds will be made available by Soffin, a federal government agency which is administering Berlin's 480-billion euro bank rescue fund.

Hypo Real Estate has emerged as one of Germany's most prominent casualties in the US-sparked subprime housing crisis.

The lender has received 102 billion euros in loans and support guarantees since September last year when it became the first German bank to nearly collapse as a result of the crisis.

In December, prosecutors searched Hypo Real Estate's premises in Munich as well as property linked to the lender's former board members. The investigations related to suspicions of market manipulation. The fallout from the subprime crisis, which has helped to push the global economy into a downturn, forced Hypo Real Estate to turn to the government for assistance. (dpa)