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Prospect News home > News index > List of issuers B > Headlines for Bank of Montreal > News item |
DBRS gives BMO bonds AAA
DBRS said it assigned the Bank of Montreal’s A$700 million of floating-rate series CBL31 due 2025 issued under its global covered bond program an AAA rating. The bond coupon rate is the 3-month BBSW plus 0.9%.
The agency said it rates all bonds issued under the program AAA.
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