Methodology
Rating and Monitoring Covered Bonds Addendum: Market Value Spreads (Archived)
Covered BondsSummary
DBRS Morningstar has conducted a periodic review of the addendum. This update supersedes the previous version published on 27 April 2020 and is effective as of 10 June 2021. DBRS Morningstar deems the update not to be material and determined that no ratings are expected to change as a result of this update.
Available Documents
Related Documents
Press Release:
- DBRS Morningstar Confirms AAA Ratings of Caixabank S.A. Covered Bonds
- DBRS Morningstar Confirms AAA Ratings on Banco Sabadell S.A. Covered Bonds
- DBRS Morningstar Confirms AA Rating on Cajasur Banco S.A. Cédulas Hipotecarias
- DBRS Morningstar Confirms A (high) Ratings on Cajamar Caja Rural S.C.C. Covered Bonds
- DBRS Morningstar Discontinues Rating on BNS Global Registered Covered Bonds, Series CBL16
- DBRS Morningstar Confirms and Discontinues the Rating on Liberbank Cédulas Hipotecarias
- DBRS Morningstar Discontinues Rating on NBC Legislative Global Covered Bonds, Series CBL5
- DBRS Morningstar Confirms “A” Ratings on Banco Comercial Português S.A. Covered Bonds
- DBRS Morningstar Discontinues Rating on NBC Legislative Global Covered Bonds, Series CBL13
- DBRS Morningstar Confirms AAA Ratings of Banco Bilbao Vizcaya Argentaria S.A. Covered Bonds
- DBRS Morningstar Assigns AAA Rating to CAFFIL Public Sector Obligations Foncières New Issuance
- DBRS Morningstar Assigns AAA Rating to CAFFIL Public Sector Obligations Foncières New Issuance
- DBRS Morningstar Assigns AAA Rating to CAFFIL Public Sector Obligations Foncières New Issuance
- DBRS Morningstar Assigns AAA Rating to CAFFIL Public Sector Obligations Foncières New Issuance
- DBRS Morningstar Assigns AAA Rating to CAFFIL Public Sector Obligations Foncières New Issuance
- DBRS Morningstar Assigns AAA Rating to CAFFIL Public Sector Obligations Foncières New Issuance
- DBRS Morningstar Assigns AAA Rating to CAFFIL Public Sector Obligations Foncières New Issuance
- DBRS Morningstar Assigns AAA Rating to CAFFIL Public Sector Obligations Foncières New Issuance
- DBRS Morningstar Assigns AAA Rating to CAFFIL Public Sector Obligations Foncières New Issuance
- DBRS Morningstar Assigns AAA Ratings to CAFFIL Public Sector Obligations Foncières New Issuances
- DBRS Morningstar Assigns AAA Ratings to CAFFIL Public Sector Obligations Foncières New Issuances
- DBRS Morningstar Assigns AAA Rating to Banco Bilbao Vizcaya Argentaria S.A. Covered Bond New Issuance
- DBRS Morningstar Confirms CAFFIL SCF Public Sector Covered Bonds (SCF - Public Sector - Bullet) at AAA
- DBRS Morningstar Confirms Sparkasse zu Lübeck AG Covered Bonds (Pfandbriefe - Mortgages) Rating at AAA
- DBRS Morningstar Assigns A (high) Rating to Cajamar Caja Rural S.C.C. Mortgage Covered Bond New Issuance
- DBRS Morningstar Assigns AAA Rating to The Bank of Nova Scotia Global Registered Covered Bonds Series CBL36
- DBRS Morningstar Confirms Banco BPI S.A. Covered Bonds (Obrigações Hipotecárias - Mortgages) at AA (low)
- DBRS Morningstar Confirms A (low) Rating on Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 2)
- DBRS Morningstar Confirms AA (low) Ratings on Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages)
- DBRS Morningstar Confirms BBB (high) Ratings on Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1)
- DBRS Morningstar Confirms Santander Totta S.A. Covered Bonds (Obrigações Hipotecárias - Mortgages) at AA (low)
- DBRS Morningstar Confirms BBB (high) Ratings of Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1)
- DBRS Morningstar Confirms BBB (low) Ratings on Piraeus Bank SA Global Covered Bonds Programme (GCB - Mortgages - CPT)
- DBRS Morningstar Confirms AA Ratings on Unione di Banche Italiane S.p.A. Covered Bonds (OBG - Mortgages - Programme 1)
- DBRS Morningstar Discontinues Rating on Cajamar Caja Rural S.C.C. Covered Bonds (Cédulas Territoriales - Public Sector)
- DBRS Morningstar Confirms Novo Banco S.A. Covered Bonds (Obrigações Hipotecárias - Mortgages - CPT) Ratings at “A”
- DBRS Morningstar Assigns AA (low) Rating to Series 18 of Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages)
- DBRS Morningstar Assigns AA (low) Rating to Series 19 of Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages)
- DBRS Morningstar Assigns BBB (high) Rating to Series 647 of Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1)
- DBRS Morningstar Confirms Ratings on Series Outstanding under Banco BPM Covered Bonds (OBG - Mortgages - Popolare Programme 1)
- DBRS Morningstar Upgrades Ratings on Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG – Mortgages Programme 1) to AA
- DBRS Morningstar Assigns AA (low) Rating to Santander Totta S.A. Covered Bonds (Obrigações Hipotecárias - Mortgages) Series 27
- DBRS Morningstar Confirms “A” Ratings on Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG – Mortgages` Programme 2)
- DBRS Morningstar Assigns AA Rating to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 1) Series 29
- DBRS Morningstar Confirms Caixa Económica Montepio Geral Covered Bonds (Obrigações Hipotecárias - Mortgages - CPT) at BBB (high)
- DBRS Morningstar Confirms “A” Rating on Banco Comercial Português S.A. Covered Bonds (Obrigacoes Hipotecarias - Mortgages) Series 7
- DBRS Morningstar Assigns “A” Rating to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Series 42
- DBRS Morningstar Assigns “A” Rating to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Series 43
- DBRS Morningstar Assigns “A” Rating to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Series 44
- DBRS Morningstar Assigns “A” Rating to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Series 45
- DBRS Morningstar Places Rating on Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Under Review with Positive Implications
- DBRS Morningstar Places Ratings on Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1) Under Review with Positive Implications
- DBRS Morningstar Places Ratings on Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 3) Under Review with Positive Implications
- DBRS Morningstar Confirms A (high) Ratings on Intesa Sanpaolo S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Guaranteed by ISP OBG S.r.l.
- DBRS Morningstar Upgrades Ratings on Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1) to BBB (high) and assigns rating to Series 646
- DBRS Morningstar Publishes Final Rating and Monitoring Covered Bonds Methodology and Updated Market Value Spreads Addendum
- DBRS Morningstar Confirms AA Ratings on Deutsche Bank A.G. Conditional Pass-Through Structured Covered Bonds (Structured – Mortgages) Guaranteed by SCB Alpspitze UG
Contacts
- Ketan Thaker
Managing Director - European Real Estate & NPL Ratings
+(44) 20 3356 1525
[email protected] - Paul Bretzlaff
Senior Vice President, Sector Lead - Canadian Structured Finance Ratings
+(1) 416 597 7330
[email protected] - Christian Aufsatz
Managing Director - European Structured Finance Ratings
+(44) 20 7855 6664
[email protected]
More from Morningstar DBRS
Related Events
- 10January2025
- 10January2025
- 17January2025Swiss ConfederationSovereign Rating Announcement