DBRS' AAA Rating for CIBC's Second Swiss Franc Covered Bond

Agency's announcement sets forth basis for rating of Series CB6
By: 
By Covered Bond Investorâ„¢ Staff
06/30/2010

Canadian Imperial Bank of Canada (CIBC) priced its second Swiss Franc-denominated covered bond on June 2, 2010.  This two-page public announcement from rating agency DBRS (June 30) describes the basis for the agency's rating of AAA for that 500 million Swiss Franc issue. 

To download a PDF of "DBRS Assigns Rating of AAA to CIBC Covered Bonds, Series CB6," click on "20100630 DBRS CIBC CHF" under "Attachment," below.

 

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20100630 DBRS CIBC CHF.pdf96.49 KB