What is the DBRS rating scale?
In Canada, investors use the DBRS rating scale as an indication of the risk that a borrower will not fulfill its full obligations, with respect to dividend payments and the payment of principal. Each DBRS rating is developed utilizing both quantitative and qualitative considerations specific to each issuing corporation. Within each rating category, DBRS utilizes subcategories, such as (high) and (low) to give greater detail to its ratings scale. If a rating does not contain either of these subcategories, then the credit rating is in the middle of the category.
Related Questions
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