|Subordinated debentures||Interest rate(1)||Maturity date||Earliest redemption date||Par Value(2) (Oct 31, 2022)
|Series F NVCC||3.668%||Jun 11, 2029||Jun 11, 2024||$250,000,000|
|Series G NVCC||4.840%||Jun 29, 2030||Jun 29, 2025||$125,000,000|
(1) The interest rate will be paid until the earliest date redeemable, after which the interest rate will reset quarterly at the reset spread basis points over the then three-month Bankers’ Acceptance rate.
(2) The balance reported on the consolidated balance sheet as at October 31, 2022 includes unamortized financing costs related to the issuance of subordinated debentures of $1,198 (2021 - $1,778).
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