Vancouver, City of: New Issue

Genevieve Lavallee, CFA, Doug Hirano, CFA / (416) 593-5577 / glavallee@dbrs.com

 

DBRS is assigning a rating of AAA to the City of Vancouver's C$80 million issue of 10-year domestic bonds.  The coupon rate is 6.00% and the maturity date is October 7, 2009.  The rating trend is Stable.