Press Release

DBRS Morningstar Releases 2023 Structured Finance Year-to-Date Country Snapshots

ABCP, Auto, RMBS
June 05, 2023

DBRS Morningstar released six commentaries on structured finance issuance in H1 2023 in Italy, Spain, Ireland, the United Kingdom, the Netherlands, and Germany, highlighting DBRS Morningstar-rated securitisations and a credit rating outlook for the remainder of the year for each asset class in these countries. These snapshots feature trends in asset-backed securities, commercial mortgage-backed securities, residential mortgage-backed securities, structured credit, and nonperforming loans as well as the latest key economic indicators and highlights from our sovereign commentaries.

Notes:
A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework can be found in the “DBRS Morningstar Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings” at https://www.dbrsmorningstar.com/research/396929.

The DBRS Morningstar Sovereign group releases baseline macroeconomic scenarios for rated sovereigns. DBRS Morningstar analysis considered impacts consistent with the baseline scenarios as set forth in the following report:
https://www.dbrsmorningstar.com/research/384482/baseline-macroeconomic-scenarios-application-to-credit-ratings.

The commentaries are available at www.dbrsmorningstar.com.

For more information on these industries, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.

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