Banco Comercial Português S.A. Covered Bonds (Obrigações Hipotecárias - Mortgages): Surveillance Report

On 5 March 2021, DBRS Ratings GmbH (DBRS Morningstar) confirmed its “A” ratings on the Obrigações Hipotecárias (the Portuguese legislative Covered Bonds) issued under the Banco Comercial Português EUR 12.5 billion Covered Bonds programme. The confirmation follows the completion of a full review of the ratings.