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Published on 4/7/2020 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

DBRS assigns RBC bonds AAA

DBRS said it assigned a rating of AAA to the covered bonds, series CB52 (series CB52) issued under the Royal Bank of Canada global covered bond program.

Series CB52 (CHF 200 million) has a coupon rate of 0.155% and a maturity date of April 6, 2027.

All covered bonds issued under the program rank pari passu with each other and are currently rated AAA by DBRS, the agency said.


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