Rating Report

Intesa Sanpaolo S.p.A. Covered Bonds (OBG - Mortgages - Programme 2): Surveillance Report

Covered Bonds

Summary

On 5 November 2021, DBRS Ratings GmbH (DBRS Morningstar) confirmed its A (high) ratings on the Obbligazioni Bancarie Garantite (OBG) issued under the Intesa Sanpaolo S.p.A. (ISP) EUR 50 billion covered bond programme (ISP OBG or the Programme) guaranteed by ISP OBG S.r.l. The action follows the completion of the annual review of the Programme.

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