Credit Rating Report

Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages): Surveillance Report

Covered Bonds

Summary

On 15 December 2023, DBRS Ratings GmbH (Morningstar DBRS) confirmed its AA (low) credit ratings on the Obbligazioni Bancarie Garantite issued under the Banca Nazionale del Lavoro S.p.A. EUR 22 billion Covered Bonds Programme, which are guaranteed by Vela OBG S.r.l.

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Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages): Surveillance Report

Summary

Available Documents

Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages): Surveillance Report

Enjoying our exclusive insights?

Issuers

Contacts

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Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages): Surveillance Report

Summary

Available Documents

Enjoying our exclusive insights?

Issuers

Contacts

More from Morningstar DBRS

Demystifying Credit: Data Centres

Quarterly Middle Market Credit Ratings Update: Downgrades Accelerate as Weak Borrowers Confront Challenges

Credit Estimate Snapshot: Private Credit Activity Cooling with Credit Quality Moving Toward B (low)

Demystifying Credit: Buy Now, Pay Later

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