Credit Rating Report

Unione di Banche Italiane S.p.A. Covered Bonds (OBG - Mortgages - Programme 1): Surveillance Report

Covered Bonds

Summary

On 18 September 2020, DBRS Morningstar confirmed its AA ratings on the Obbligazioni Bancarie Garantite (OBG; the Italian legislative covered bonds) issued under the Unione di Banche Italiane S.p.A. Covered Bonds Programme 1 (UBI OBG1 or the Programme). This rating action followed the completion of a full review of the Programme.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

Issuers

Contacts

More from Morningstar DBRS