Press Release

DBRS Publishes Updated Rating Canadian Covered Bonds Methodology

Covered Bonds
April 22, 2016

DBRS Limited (DBRS) has today released an updated version of the “Rating Canadian Covered Bonds” methodology, which supersedes the version published in April 2015. The changes made to the updated methodology are generally editorial in nature and are intended to provide further clarity and increased transparency into DBRS’s rating approach.

DBRS does not view the updates as material and has determined that the updated methodology will not result in any impact on existing Canadian covered bond ratings.

Notes:
The methodology providing DBRS’s processes and criteria is available by contacting us at info@dbrs.com.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.