Rating Report

Caixa Geral De Depósitos S.A. Covered Bonds (Obrigações Cobertas - Mortgages): Surveillance Report

Covered Bonds

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On 5 December 2023, DBRS Ratings GmbH (DBRS Morningstar) confirmed its AA (high) credit ratings on the Obrigações Cobertas (formerly designated Obrigações Hipotecárias; the Portuguese legislative covered bonds) issued under Caixa Geral de Depósitos, S.A.’s covered bond programme. The confirmations follow the completion of DBRS Morningstar’s full review of the credit ratings.