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DBRS rates RBC notes AAA
DBRS said it assigned an AAA rating to the covered bonds, series CB94, series CB95 and series CB96 issued under the Royal Bank of Canada global covered bond program.
Series CB94 for €750 million has a coupon rate of 0.01% and a maturity date of Sept. 14, 2026. Series CB95 for €1 billion has a coupon rate of 1.5% and a maturity date of Sept. 15, 2027, and series CB96 for €1 billion) has a coupon rate of 3.625% and a maturity date of March 7, 2028.
DBRS said it currently rates all bonds sold under the program AAA.
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