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Credit Ratings

Credit Ratings

CIBC's current debt ratings are listed below. The ratings should not be construed as a recommendation to buy, sell, or hold CIBC debt instruments. Ratings may be revised or withdrawn at any time by the rating agencies.

CREDIT RATINGS

DBRS MOODY'S STANDARD & POOR'S FITCH
SENIOR AA Aa2 A+ AA-
SUBORDINATED AA (low) Aa3 A A+
SHORT-TERM DEBT R-1 (high) P-1 A-1 F1+
FINANCIAL STRENGTH / INDIVIDUAL / ISSUER --- B- --- B(1)
OUTLOOK Negative Negative Negative Rating watch - negative