Credit Rating Report

EUR 10,000,000,000 Piraeus Bank SA Global Covered Bonds Programme (GCB - Mortgages - CPT): Surveillance Report

Covered Bonds

Summary

On 25 August 2022, DBRS Ratings GmbH (DBRS Morningstar) confirmed its BBB (low) ratings on the Greek Covered Bonds (GCB) outstanding under the EUR 10,000,000,000 Piraeus Bank SA Global Covered Bonds (GCB - Mortgages - CPT) programme (the Programme). As of the date of this report, there were five series of GCB outstanding under the Programme, all euro-denominated, for a combined amount of EUR 3 billion.

Ratings

EUR 10,000,000,000 Piraeus Bank SA Global Covered Bonds Programme (GCB - Mortgages - CPT)
  • Date Issued:Aug 25, 2022
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:--
  • Rating Recovery:
  • Issued:EUU
  • Date Issued:Aug 25, 2022
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:--
  • Rating Recovery:
  • Issued:EUU
  • Date Issued:Aug 25, 2022
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:--
  • Rating Recovery:
  • Issued:EUU
  • Date Issued:Aug 25, 2022
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:--
  • Rating Recovery:
  • Issued:EUU
  • Date Issued:Aug 25, 2022
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:--
  • Rating Recovery:
  • Issued:EUU
  • 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

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