DBRS Rates Commonwealth Bank of Australia’s CAD $300 Million Senior Notes

DBRS has assigned a final rating of AA with a Stable trend to the CAD $300 million 3.625% Senior Notes, due October 14, 2014, issue of Commonwealth Bank of Australia.

The rating incorporates information from the Euro Medium-Term Note Program Circular dated October 16, 2008.

Note:

DBRS ratings on Australian banks are primarily based on the intrinsic assessment of the bank reflecting a detailed analysis of the bank’s strengths and challenges. In addition, the ratings incorporate support assessments, which use the methodology Enhanced Methodology for Bank Ratings – Intrinsic and Support Assessments, which can be found on the DBRS website under methodologies.

This is a Corporate (Financial Institutions) rating.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

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