Liberbank S.A. Covered Bonds (Cédulas Hipotecarias - Mortgages): Surveillance Report

On 7 May 2020, DBRS Ratings GmbH (DBRS Morningstar) confirmed its A (high) rating on the single standalone Cédula Hipotecaria (CH, Spanish mortgage covered bonds) issued by Liberbank S.A. (Liberbank or the Issuer). The confirmation follows the completion of a full review of the rating. Please see this report for further details.