Rating Report

Banco Bilbao Vizcaya Argentaria S.A. Covered Bonds (Cédulas Hipotecarias - Mortgages): Surveillance Report

Covered Bonds

Summary

On 11 February 2022, DBRS Ratings GmbH (DBRS Morningstar) confirmed its outstanding AAA ratings on the Cédulas Hipotecarias (CH or Spanish Covered Bonds) under the Banco Bilbao Vizcaya Argentaria S.A. Covered Bonds Programme (BBVA CH or the Programme).