Debt Information

 

¹ The first par redemption date. After the first par redemption date, interest is payable at the 3-month Bankers' Acceptance Rate plus 2.55%.

² Redeemable at the higher of (i) par plus accrued and unpaid interest to the date fixed for redemption and (ii) the Canada Yield Price. Where Canada Yield Price means a price equal to the price of the debenture calculated to provide an annual yield to maturity equal to the Government of Canada Yield plus 0.25%. Government of Canada Yield means the annual yield to maturity, compounded semi-annually, which a non-callable Government of Canada Bond would carry if issued, in Canadian dollars in Canada, at 100% of its principal amount with a maturity date equal to the maturity date of the debenture.

³ May be automatically converted into perpetual preferred shares of the Bank in certain circumstances.

⁴ The first par redemption date. After the first par redemption date, the interest rate is reset every 5 years to the 5-year Government of Canada yield plus 1.99%.

⁵ The first par redemption date. After the first par redemption, interest is payable at the 3-month Bankers' Acceptance Rate plus 1.21%.

⁶ Non-Viability Contingent Capital (NVCC).

⁷ The first par redemption date. After the first par redemption, interest is payable at the 3-month Bankers' Acceptance Rate plus 1.83%.

⁸ The first par redemption date. After the first par redemption, interest is payable at the 3-month Bankers' Acceptance Rate plus 3.49%.

⁹ The par redemption date. After the par redemption, interest is payable at the 5-Year Mid-Swap Rate plus 2.205%.