DBRS definition
Examples of DBRS in a sentence
In respect of long-term securities or instruments (where the maturity date of the security or instrument is equal to or greater than one year), Counterparties must have a designated rating for Long-Term Debt no lower than (a) DBRS - “A”;(b) Fitch - “A”; (c) Moody’s - “A2”; and (d) S&P - “A”.
In respect of long-term securities or instruments (where the maturity date of the security or instrument is equal to or greater than one year), Forward Counterparties must have a designated rating for Long-Term Debt no lower than (a) DBRS- “A”; (b) Fitch - “A”; (c) Moody’s - “A2”; and (d) S&P - “A”.
The methodology for the application of the RMBS grading as defined by DBRS in their current industry publications and updated from time to time.
India’s sovereign rating decreased from Baa2 with a “negative” outlook to Baa3 with a “negative” outlook by Moody’s and from BBB with a “stable” outlook to BBB with a “negative” outlook (Fitch) in June 2020; and from BBB “stable” to BBB “negative” by DBRS in May 2020.
DBRS has different rating scales for short-term debt, long-term debt and preferred shares.