Credit Rating Report

Banco BPM Covered Bonds (OBG - Mortgages - Popolare Programme 1): Surveillance Report

Covered Bonds

Summary

DBRS Ratings GmbH (DBRS Morningstar) confirmed its A (high) ratings on the Obbligazioni Bancarie Garantite (OBG; the Italian legislative covered bonds) issued under the Banco BPM Covered Bonds Programme 1 (Banco BPM OBG1 or the Programme). The rating action follows the completion of a full review of the Programme.

Ratings

Banco BPM Covered Bonds (OBG - Mortgages - Popolare Programme 1)
  • Date Issued:Feb 10, 2023
  • Rating Action:Confirmed
  • Ratings:A (high)
  • Trend:--
  • Rating Recovery:
  • Issued:EUU
  • Date Issued:Feb 10, 2023
  • Rating Action:Confirmed
  • Ratings:A (high)
  • Trend:--
  • Rating Recovery:
  • Issued:EUU
  • Date Issued:Feb 10, 2023
  • Rating Action:Confirmed
  • Ratings:A (high)
  • Trend:--
  • Rating Recovery:
  • Issued:EUU
  • Date Issued:Feb 10, 2023
  • Rating Action:Confirmed
  • Ratings:A (high)
  • 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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