Credit ratings

The Fédération des caisses Desjardins du Québec receives top credit ratings, reflecting the solidity of Desjardins Group.

Fédération des caisses Desjardins du Québec
  Moody's S&P DBRS Fitch
Counterparty/Deposits Aa1 A+ AA AA
Short-term debt P-1 A-1 R-1 (high) F1+
Senior medium- and long-term debt A1 A- AA (low) AA-
NVCC subordinated notes A2 BBB+ A (low) A
Covered bonds Aaa -- -- AAA
Outlook Stable Stable Stable Stable

National instrument 24-101 trade matching and settlement trade-matching statement (PDF, 163 KB) - This link will open in a new window.

  1. Represents Moody's Counterparty Risk Rating and Deposit Rating, S&P's Issuer Credit Rating, DBRS' Long-Term Deposit Rating and Fitch's Long-Term Issuer Default Rating, Derivative Counterparty Rating and Long-Term Deposit Rating
  2. Includes senior debt issued subject to conversion under the recapitalization regime applicable to Desjardins.