DBRS Morningstar Publishes Updated Rating and Monitoring Covered Bonds Global Methodology and Market Value Spreads Addendum

DBRS Morningstar published updated versions of its “Rating and Monitoring Covered Bonds” methodology and “Rating and Monitoring Covered Bonds Addendum: Market Value Spreads”.

DBRS Morningstar has conducted a periodic review of the methodology and addendum.

No material changes to the methodology or the addendum were made. Accordingly, no ratings are expected to change as a result of this update.

This update supersedes the previous versions published on 28 June 2019 and is effective as of 27 April 2020.

Notes:
A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework and its methodologies can be found at: https://www.dbrsmorningstar.com/research/357792.

For more information regarding rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/357883.

For more information regarding structured finance rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/358308.

DBRS Morningstar methodologies are publicly available on its website www.dbrsmorningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit www.dbrsmorningstar.com or contact us at [email protected].