CHT’s debt securities to date have been rated the same as CMHC’s debt securities and Government of Canada Bonds, since the CMHC Guarantee of Canada Mortgage Bonds ranks equally with all of the Guarantor’s other unsecured and unsubordinated indebtedness and obligations. CMHC’s Guarantee of Canada Mortgage Bonds carries the full faith and credit of Canada, and constitutes a direct, unconditional obligation of Canada.
The ratings are provided in the table below. The ratings should not be construed as a recommendation to buy, sell, or hold CHT debt securities. Ratings may be revised or withdrawn at any time by the rating agencies.
CHT's bonds carry a 0% capital weighting under the BIS guidelines.
|Standard & Poor’s||AAA|