Rating Report
Novo Banco S.A. Covered Bonds (Obrigações Hipotecárias - Mortgages - CPT): Surveillance Report
Covered BondsSummary
On 2 December 2022, DBRS Ratings GmbH (DBRS Morningstar) confirmed its “A” ratings on the Obrigações Hipotecárias (the OH; the Portuguese legislative covered bonds) issued under the Novo Banco S.A. conditional pass-through covered bond programme.
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Tomas Rodriguez-Vigil Junco
Senior Vice President - European RMBS and Covered Bond Ratings
+(34) 919 036 513
tomas.rodriguez-vigiljunco@morningstar.com- Roger Bickert
Vice President - European RMBS and Covered Bond Ratings
+(44) 20 3356 1518
roger.bickert@morningstar.com - Ketan Thaker
Managing Director - European Real Estate & NPL Ratings
+(44) 20 3356 1525
ketan.thaker@morningstar.com