DBRS confirms CDP

DBRS said it confirmed the counterparty rating of the Caisse de dÈpÙt et placement du QuÈbec at AAA and CDP Financial Inc.'s long-term debt rating at AAA and commercial paper rating at R-1 (high).

The trends on all ratings remain stable, reflecting the combination of the exclusive investment mandates of the Caisse for its largest depositors, the considerable portfolio of unencumbered assets under management, the relatively low level of recourse debt outstanding and the prudence exerted by the Caisse in its core activities, the agency said.

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