Covered bonds

Cassa di Risparmio di Bolzano S.p.A. established a Covered Bond Programme (Obbligazioni Bancarie Garantite – OBG) in 2022 in order to further diversify its funding sources.

The issuer of the Covered Bonds is Cassa di Risparmio di Bolzano S.p.A., while the role of Guarantor is performed by SPK OBG S.r.l., which is part of the Cassa di Risparmio di Bolzano banking group.

The Covered Bond Label is a quality Label which responds to a market-wide request for improved standards and increased transparency in the covered bond market. The Covered Bond Label was created by the EMF/European Covered Bond Council (ECBC) in 2012. It was developed by the European issuer community, working in close cooperation with investors and regulators, and in consultation with all major stakeholders.