Rating Report

Caixa Ecónomica Montepio Geral Covered Bonds (Obrigações Hipotecárias - Mortgages - CPT): Surveillance Report

Covered Bonds

Summary

On 2 July 2021, DBRS Ratings GmbH (DBRS Morningstar) confirmed its BBB (high) ratings on the Obrigações Hipotecárias (OH; the Portuguese legislative Covered Bonds) issued under the Caixa Económica Montepio Geral (Banco Montepio or the Issuer) CPT Covered Bonds Programme (the Programme). The confirmation follows the completion of a full review of the Programme.