Archived - Debt Management Report 2008-2009

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Reference Table IX
Outstanding Government of Canada Domestic Bonds as at March 31, 2009
Maturity date Amount Coupon rate Inflation adjustment Outstanding amount
  ($ millions) (%) ($ millions) ($ millions)
Fixed-coupon bonds        
June 1, 2009 1,889 3.75    
June 1, 2009 5,722 5.50    
June 1, 2009 536 11.00    
September 1, 2009 7,181 4.25    
October 1, 2009 208 10.75    
December 1, 2009 5,874 4.25    
March 1, 2010 80 9.75    
June 1, 2010 3,700 3.75    
June 1, 2010 5,127 5.50    
June 1, 2010 2,225 9.50    
September 1, 2010 7,395 4.00    
October 1, 2010 97 8.75    
December 1, 2010 12,184 2.75    
March 1, 2011 464 9.00    
June 1, 2011 11,000 1.25    
June 1, 2011 9,802 6.00    
June 1, 2011 606 8.50    
September 1, 2011 8,767 3.75    
June 1, 2012 6,799 3.75    
June 1, 2012 10,357 5.25    
June 1, 2013 15,064 3.50    
June 1, 2013 8,997 5.25    
March 15, 2014 710 10.25    
June 1, 2014 16,000 3.00    
June 1, 2014 9,754 5.00    
June 1, 2015 10,143 4.50    
June 1, 2015 457 11.25    
June 1, 2016 10,157 4.00    
June 1, 2017 10,343 4.00    
June 1, 2018 10,623 4.25    
June 1, 2019 10,350 3.75    
March 15, 2021 663 10.50    
June 1, 2021 353 9.75    
June 1, 2022 237 9.25    
June 1, 2023 4,449 8.00    
June 1, 2025 4,219 9.00    
June 1, 2027 6,471 8.00    
June 1, 2029 12,805 5.75    
June 1, 2033 13,410 5.75    
June 1, 2037 13,999 5.00    
June 1, 2041 4,300 4.00    
Total 263,517      
         
Real Return Bonds        
December 1, 2021 5,175 4.25 1,865 7,040
December 1, 2026 5,250 4.25 1,505 6,755
December 1, 2031 5,800 4.00 1,373 7,173
December 1, 2036 5,850 3.00 569 6,419
December 1, 2041 4,350 2.00 70 4,420
Total 26,425   5,382 31,807
Note: Outstanding bond amounts reported in this table are in accordance from Bank of Canada reports, which may vary slightly from Government of Canada amounts due to differences in classification methods.
Source: Bank of Canada.

 

Reference Table X
Government of Canada Cross-Currency Outstanding as at March 31, 2009
  Swaps of domestic obligations Swaps of foreign obligations  
 

 
Maturity date USD EUR JPY USD Total
  (CAD$ millions)
June 1, 2009 637 876     1,513
October 1, 2009 492 1,418     1,910
March 1, 2010   459     459
June 1, 2010 63 1,452 102   1,617
October 1, 2010 63 901     964
March 1, 2011 410       410
June 1, 2011 946 868     1,814
September 1, 2011   642     642
November 20, 2011   167     167
April 20, 2012   167     167
June 1, 2012 1,860 1,377     3,237
November 20, 2012   58     58
January 20, 2013   125     125
April 19, 2013   209     209
June 1, 2013 1,419 1,176     2,595
July 19, 2013   100     100
July 20, 2013   334     334
March 15, 2014 1,041       1,041
June 1, 2014 1,987 1,694     3,680
September 20, 2014   334     334
April 20, 2015   250     250
June 1, 2015 2,743 993     3,736
July 20, 2015 95 250     345
August 20, 2015   125     125
October 20, 2015 126       126
February 20, 2016 95       95
March 20, 2016   334     334
April 20, 2016 158 83     241
May 20, 2016 95       95
June 1, 2016 568 1,969     2,537
July 20, 2016   542     542
September 20, 2016 252 125     377
October 20, 2016 95 83     178
November 20, 2016 505       505
January 20, 2017 95       95
February 20, 2017 284       284
March 20, 2017 158       158
April 20, 2017 126 167     293
May 20, 2017 946       946
June 1, 2017 1,261 334     1,595
July 20, 2017 63 634     697
August 20, 2017 158 334     491
September 20, 2017 189 209     398
October 3, 2017 96       96
October 20, 2017 63       63
January 20, 2018 221 501     721
March 20, 2018 631       631
April 20, 2018 820 83     903
May 20, 2018 568       568
June 20, 2018 568       568
July 20, 2018 189       189
August 20, 2018 252       252
October 20, 2018 126       126
Total 20,460 19,374 102   39,936
Notes: Foreign currency swaps converted to Canadian dollars as of March 31, 2009. Numbers may not add due to rounding.

 

Reference Table XI
Fiscal 2008–09 Bond Buyback Program Operations
Buyback date Maturity date Coupon rate Amount
    (%) ($ millions)
Buybacks on a cash basis    
April 16, 2008 March 15, 2021 10.50 4
  June 1, 2021 9.75 10
  June 1, 2022 9.25 60
  June 1, 2023 8.00 40
  June 1, 2027 8.00 73
  June 1, 2029 5.75 96
  Total   283
May 7, 2008 March 1, 2011 9.00 6
  June 1, 2011 6.00 135
  September 1, 2011 3.75 160
  Total   300
May 21, 2008 September 1, 2009 4.25 100
  October 1, 2009 10.75 8
  December 1, 2009 4.25 292
  Total   400
June 4, 2008 June 1, 2021 9.75 9
  June 1, 2022 9.25 50
  June 1, 2023 8.00 157
  June 1, 2027 8.00 60
  June 1, 2029 5.75 25
  Total   300
July 9, 2008 June 1, 2015 4.50 97
  June 1, 2015 11.25 25
  June 1, 2023 8.00 168
  June 1, 2029 5.75 10
  Total   300
July 30, 2008 March 15, 2014 10.25 10
  June 1, 2014 5.00 25
  Total   35
August 20, 2008 October 1, 2009 10.75 6
  December 1, 2009 4.25 134
  March 1, 2010 9.75 3
  March 1, 2011 9.00 10
  June 1, 2011 6.00 72
  September 1, 2011 3.75 150
  June 1, 2012 3.75 25
  Total   400
October 1, 2008 June 1, 2016 4.00 130
  March 15, 2021 10.50 50
  June 1, 2021 9.75 21
  June 1, 2022 9.25 19
  June 1, 2027 8.00 128
  June 1, 2029 5.75 52
  Total   400
November 19, 2008 September 1, 2010 4.00 233
  October 1, 2010 8.75 18
  March 1, 2011 9.00 3
  September 1, 2011 3.75 71
  Total   324
December 10, 2008 June 1, 2021 9.75 25
  June 1, 2022 9.25 10
  June 1, 2027 8.00 382
  June 1, 2029 5.75 83
  Total   500
Total buybacks on a cash basis     3,243
June 18, 2008 March 15, 2014 10.25 14
  June 1, 2021 9.75 7
  June 1, 2022 9.25 15
  June 1, 2023 8.00 104
  June 1, 2029 5.75 41
  Total   181
September 10, 2008 March 15, 2021 10.50 1
  June 1, 2021 9.75 4
  June 1, 2022 9.25 26
  June 1, 2027 8.00 292
  Total   323
September 17, 2008 December 1, 2009 4.25 400
  June 1, 2011 6.00 86
  September 1, 2011 3.75 50
  Total   536
November 5, 2008 June 1, 2027 8.00 156
  Total   156
December 17, 2008 March 1, 2010 9.75 1
  October 1, 2010 8.75 1
  March 1, 2011 9.00 1
  September 1, 2011 3.75 130
  Total   133
January 7, 2009 June 1, 2022 9.25 6
  June 1, 2023 8.00 526
  June 1, 2025 9.00 436
  Total   968
March 5, 2009 June 1, 2016 4.00 13
  June 1, 2022 9.25 13
  June 1, 2023 8.00 25
  June 1, 2025 9.00 345
  June 1, 2029 5.75 21
  Total   416
Total buybacks on a switch basis     2,713
Cash management bond buybacks    
April 1, 2008 June 1, 2008 3.75 105
  June 1, 2008 6.00 86
  June 1, 2008 10.00 46
  September 1, 2008 4.25 163
  December 1, 2008 4.25 800
  Total   1,200
April 15, 2008 September 1, 2008 4.25 495
  Total   495
April 29, 2008 June 1, 2008 3.75 6
  Total   6
May 13, 2008 June 1, 2008 3.75 25
  June 1, 2008 10.00 68
  Total   93
June 10, 2008 December 1, 2008 4.25 175
  June 1, 2009 3.75 50
  June 1, 2009 5.50 90
  Total   315
June 25, 2008 September 1, 2008 4.25 103
  December 1, 2008 4.25 341
  June 1, 2009 11.00 2
  Total   446
July 8, 2008 June 1, 2009 3.75 20
  Total   20
July 22, 2008 September 1, 2008 4.25 785
  December 1, 2008 4.25 215
  Total   1,000
August 5, 2008 September 1, 2008 4.25 96
  December 1, 2008 4.25 395
  Total   491
September 2, 2008 June 1, 2009 3.75 275
  June 1, 2009 5.50 25
  Total   300
September 16, 2008 June 1, 2009 3.75 366
  June 1, 2009 5.50 290
  September 1, 2009 4.25 75
  Total   731
September 30, 2008 June 1, 2009 3.75 200
  September 1, 2009 4.25 800
  Total   1,000
October 14, 2008 June 1, 2009 3.75 469
  June 1, 2009 5.50 48
  September 1, 2009 4.25 50
  Total   567
November 12, 2008 December 1, 2008 4.25 346
  June 1, 2009 3.75 154
  Total   500
December 9, 2008 December 1, 2009 4.25 250
  Total   250
January 20, 2009 September 1, 2009 4.25 90
  Total   90
February 3, 2009 June 1, 2009 11.00 100
  December 1, 2009 4.25 400
  Total   500
February 17, 2009 September 1, 2009 4.25 250
  December 1, 2009 4.25 150
  Total   400
March 3, 2009 June 1, 2009 3.75 77
  September 1, 2009 4.25 140
  Total   217
March 17, 2009 September 1, 2009 4.25 24
  Total   24
Total cash management bond buybacks     8,645
Source: Bank of Canada.

 

Reference Table XII
Retail Debt Sales, Redemptions and Stock Outstanding
Fiscal year Gross sales Redemptions Net change Outstanding at fiscal year end
  ($ billions)
1983–84 11.6 -5.9 5.7 38.4
1984–85 12.7 -9.0 3.8 42.2
1985–86 15.1 -12.7 2.4 44.6
1986–87 9.2 -9.2 0.0 44.6
1987–88 17.5 -8.5 8.9 53.5
1988–89 15.0 -20.4 -5.5 48.1
1989–90 9.3 -16.2 -6.8 41.2
1990–91 6.7 -13.2 -6.5 34.7
1991–92 9.6 -8.4 1.2 35.9
1992–93 9.2 -10.4 -1.2 34.7
1993–94 5.4 -8.5 -3.1 31.6
1994–95 7.5 -7.6 -0.1 31.5
1995–96 4.6 -4.6 0.0 31.5
1996–97 5.7 -3.7 2.1 33.6
1997–98 5.0 -7.7 -2.8 30.8
1998–99 4.8 -7.0 -2.2 28.6
1999–00 2.7 -4.2 -1.5 27.1
2000–01 3.2 -3.7 -0.5 26.6
2001–02 2.7 -5.0 -2.3 24.3
2002–03 3.5 -4.9 -1.4 22.9
2003–04 2.9 -4.2 -1.4 21.5
2004–05 2.0 -4.2 -2.3 19.2
2005–06 1.9 -3.6 -1.8 17.5
2006–07 1.8 -4.1 -2.3 15.2
2007–08 1.9 -4.0 -2.1 13.1
2008–09 2.8 -3.3 -0.6 12.5
Note: Figures are in accordance with Bank of Canada audited reports, which may vary from the Public Accounts of Canada due to differences in classification.
Source: Bank of Canada.
Reference Table XIII
Crown Corporation Borrowings as at March 31
Borrowings from the market 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
  ($ millions)
Export
 Development
12,967 16,888 18,406 20,481 20,375 17,178 16,191 13,730 15,533 16,743 26,925
Canadian Wheat
 Board1
6,786 542 425 397 378 12 6 0 0 0  
Business
 Development
 Bank of Canada
4,223 4,723 5,102 5,726 6,263 7,302 7,432 7,898 8,256 8,025 2,354
Farm Credit Canada 4,317 5,083 5,695 7,096 8,082 9,209 10,181 11,133 12,182 9,624 3,949
Canada Mortagage
 and Housing
 Corporation
10,633 10,801 11,672 11,372 11,091 10,441 9,573 8,953 9,071 8,907 6,153
Canada Housing
 Trust2
            57,518 77,840 96,547 127,566 160,664
Petro-Canada Ltd. 471 338 0 0 0 0 0 0 0 0 0
Canada Ports
 Corporation
79 69 0 0 0 0 0 0 0 0 0
Canada Post
 Corporation
n/a 150 56 63 114 108 71 64 61 58 93
Other 222 46 44 40 39 45 36 79 132 119 279
Total 39,698 38,640 41,400 45,175 46,342 44,295 101,008 119,697 141,782 171,042 200,417

1 Effective December 31, 1998, the Canadian Wheat Board ceased to be an agent of Her Majesty and a Crown corporation under the Financial Administration Act.
2 The Canada Housing Trust has been included in the government reporting entity effective April 1, 2005 as a result of the application of a new accounting standard.


Borrowings
from the
Consolidated
Revenue Fund1
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
  ($ millions)
Business Development
Bank of Canada
0 0 0 0 0 0 0 0 0 995 7,288
Canada Mortagage
 and Housing
 Corporation
6,298 6,152 5,925 5,696 5,476 5,255 5,062 4,860 4,805 4,450 62,166
Canada Deposit Insurance
Corporation
0 0 0 0 0 0 0 0 0 0 0
Farm Credit Canada 1,041 805 578 0 0 0 0 0 0 3,827 11,486
Other 121 77 84 104 38 62 61 127 97 133 139
Total 7,460 7,034 6,587 5,800 5,514 5,317 5,123 4,987 4,902 9,405 81,079

Note: Figures do not include "allowance for valuation."
1 Figures have been adjusted to include accrued interest.
Source: Public Accounts of Canada.