DBRS rates BNS notes AAA

DBRS said it assigned ratings of AAA to the covered bonds, series CBL45 and series CBL46 issued under the Bank of Nova Scotia global registered covered bond program.

Series CBL45 for CHF 135 million has a coupon rate of 0.295% and a maturity date of April 25, 2025, and series CBL46 for CHF 100 million with a coupon rate of 0.7325% and a maturity date of April 25, 2029.

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

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