Debt Information

 

Maturity Schedule
 Interest rate Maturity date Earliest redemption date Carry amount (Jul 31, 2019) 
 3.463%(1)  Dec 17, 2024 Dec 17, 2019 $250,000,000
3.668%(2)   Jun 11, 2029 Jun 11, 2024  $250,000,000 
 Total     $500,000,000

(1) These conventional debentures have a 12-year term with a fixed interest rate for the first seven years. Thereafter, the interest rate will be set quarterly at the 90-day Canadian dollar Offered Rate plus 160 basis points. 

(2) These conventional debentures have a 10-year term with a fixed interest rate for the first five years. Thereafter, the interest rate will be set quarterly at the 90-day Canadian dollar Offered Rate plus 199 basis points. 

 

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