DBRS Discontinues Scotia BaTS – Series 2000-1 due to Redemption

DBRS Limited has today discontinued the Scotiabank Trust Securities - Series 2000-1 rating issued by BNS Capital Trust as the securities have been redeemed.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The principal methodologies applicable are the Global Methodology for Rating Banks and Banking Organisations (January 14, 2010), Rating Bank Preferred Shares and Equivalent Hybrids (June 30, 2009) and Enhanced Methodology for Bank Ratings – Intrinsic and Support Assessments (February 11, 2009), which can be found on our website under Methodologies.

The sources of information used for this rating include information provided by the Bank of Nova Scotia. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

Lead Analyst: Brenda Lum
Rating Committee Chair: Brenda Lum
Initial Rating Date: March 6, 2000
Most Recent Rating Update: June 30, 2010

For additional information on this rating, please see Banks and Banking Organisations Linking Document Linking Document by clicking the link under Related Research at the right of the screen or by contacting us at info@dbrs.com.