Bay Street Funding Trust, Transaction 46 Summary

DBRS Limited (DBRS) released an updated Transaction Summary report providing details of Transaction 46 in Bay Street Funding Trust, which consists of a portfolio of program and non-program rental vehicles, as part of DBRS’s ongoing efforts to increase the transparency of its reporting on asset-backed commercial paper conduit activity. The update reflects the extension of the program commitment by one year and a change to the credit enhancement.