Morningstar DBRS Publishes Updated Global Methodology for Rating and Monitoring Covered Bonds

Morningstar DBRS published an updated version of its “Global Methodology for Rating and Monitoring Covered Bonds” (the Methodology).

As part of the update, the previous standalone “Global Methodology for Rating and Monitoring Covered Bonds Addendum: Market Value Spreads” (the Addendum) was moved into the Methodology.

Morningstar DBRS conducted a periodic review of the Methodology and Addendum. This update supersedes the previous versions published on 8 May 2023 and is effective as of 2 April 2024. Morningstar DBRS deems the update not to be material and determined that no ratings are expected to change as a result of this update.

Notes:
Morningstar DBRS methodologies are publicly available on its website dbrs.morningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.