Credit Ratings
Moody’s, Standard & Poor’s (S&P), Fitch Ratings, Dominion Bond Rating Service Ltd. (DBRS)
Legacy Senior Debt1
Moody's Investors Services
Aa2
Standard & Poor's
A+
Fitch Ratings
AA
Dominion Bond Rating Service Ltd.
AA
Senior Debt2
Moody's Investors Services
A2
Standard & Poor's
A-
Fitch Ratings
AA-
Dominion Bond Rating Service Ltd.
AA (low)
Subordinated Debt (NVCC)
Moody's Investors Services
Baa1
Standard & Poor's
BBB+
Fitch Ratings
-
Dominion Bond Rating Service Ltd.
A (low)
Short Term Deposits / Commercial Paper
Moody's Investors Services
P-1
Standard & Poor's
A-1
Fitch Ratings
F1+
Dominion Bond Rating Service Ltd.
R-1 (high)
Covered Bond Program
Moody's Investors Services
Aaa
Standard & Poor's
Not Rated
Fitch Ratings
AAA
Dominion Bond Rating Service Ltd.
AAA
Outlook
Moody's Investors Services
Stable
Standard & Poor's
Stable
Fitch Ratings
Negative
Dominion Bond Rating Service Ltd.
Stable
Includes: (a) Senior debt issued prior to September 23, 2018; and (b) Senior debt issued on or after September 23, 2018 which is excluded from the bank recapitalization "bail-in" regime.
Subject to conversion under the bank recapitalization "bail-in" regime.