Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1): Surveillance Report

On 21 February 2024, DBRS Ratings GmbH (Morningstar DBRS) downgraded its credit ratings on the obbligazioni bancarie garantite (OBG; the Italian legislative covered bonds) issued under the EUR 5,000,000,000 Banca Carige S.p.A. Covered Bonds Programme to AA (low) and removed the credit ratings from Under Review with Negative Implications, where they were placed on 17 November 2023.