Pre-Maturity Liquidity Ledger. The Cash Manager will ensure that all credits and debits of funds in respect of any Series of Hard Bullet Covered Bonds are recorded in the Pre-Maturity Liquidity Ledger at the appropriate time. This report contains information regarding TD Covered Bond (Legislative) Programme's Cover Pool as of the indicated Calculation Date. The composition of the Cover Pool will change as Loans (and their Related Security) are added and removed from the Cover Pool from time to time and, accordingly, the characteristics and performance of the Loans (and their Related Security) in the Cover Pool will vary over time. This material is for distribution only under such circumstances as may be permitted by applicable law. This material is published solely for informational purposes and this report does not constitute an invitation or recommendation to invest or otherwise deal in, or an offer to sell or the solicitation of an offer to buy or subscribe for, any security. Reliance should not be placed on the information herein when making any decision to buy, hold or sell any security or for any other purpose. The information set forth below has been obtained and based upon sources believed by The Toronto-Dominion Bank (“TD”) to be accurate, however, TD makes no representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of the information contained herein. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. We assume no liability for any errors or any reliance you place on the information provided herein. THESE COVERED BONDS HAVE NOT BEEN APPROVED OR DISAPPROVED BY CANADA MORTGAGE AND HOUSING CORPORATION ("CMHC") NOR HAS CMHC PASSED UPON THE ACCURACY OR ADEQUACY OF THIS DISCLOSURE DOCUMENT. THESE COVERED BONDS ARE NOT INSURED OR GUARANTEED BY CMHC OR THE GOVERNMENT OF CANADA OR ANY OTHER AGENCY THEREOF. Series Initial Principal Coupon Rate Rate Type Exchange Rate CAD Equivalent Maturity Final Maturity Xxxxx'x Rating DBRS Rating Issued under the Global Legislative Covered Bond Programme (Registered) $ - Issued under the Global Public Sector Covered Bond Programme (Non-Registered) (1) $ 9,992,900,000 Total: $ 9,992,900,000 Weighted average maturity of Outstanding Covered Bonds 34,050,720,000 Weighted average remaining maturity of Loans in the cover pool - Issuer, Seller, Servicer, Cash Manager The Toronto-Dominion Bank Account Bank, GDA Provider The Toronto-Dominion Bank Interest Rate Swap Provider, Covered Bond Swap Provider The Toronto-Dominion Bank Standby Account Bank, Standby GDA Provider Bank of Montreal Bond Trustee, Custodian, Corporate Services Provider Computershare Trust Company of Canada Guarantor TD Covered Bond (Legislative) Guarantor Limited Partnership Asset Monitor Ernst & Young LLP Paying Agents Citibank, N.A. and Citibank, N.A. London Branch Guarantee Loan $ Demand Loan $
Appears in 1 contract
Samples: Cash Management Agreement
Pre-Maturity Liquidity Ledger. The Cash Manager will ensure that all credits and debits of funds in respect of any Series of Hard Bullet Covered Bonds are recorded in the Pre-Maturity Liquidity Ledger at the appropriate time. This report contains information regarding TD Covered Bond (Legislative) Programme's Cover Pool as of the indicated Calculation Date. The composition of the Cover Pool will change as Loans (and their Related Security) are added and removed from the Cover Pool from time to time and, accordingly, the characteristics and performance of the Loans (and their Related Security) in the Cover Pool will vary over time. This material is for distribution only under such circumstances as may be permitted by applicable law. This material is published solely for informational purposes and this report does not constitute an invitation or recommendation to invest or otherwise deal in, or an offer to sell or the solicitation of an offer to buy or subscribe for, any security. Reliance should not be placed on the information herein when making any decision to buy, hold or sell any security or for any other purpose. The information set forth below has been obtained and based upon sources believed by The Toronto-Dominion Bank (“TD”) to be accurate, however, TD makes no representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of the information contained herein. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. We assume no liability for any errors or any reliance you place on the information provided herein. THESE COVERED BONDS HAVE NOT BEEN APPROVED OR DISAPPROVED BY CANADA MORTGAGE AND HOUSING CORPORATION ("CMHC") NOR HAS CMHC PASSED UPON THE ACCURACY OR ADEQUACY OF THIS DISCLOSURE DOCUMENT. THESE COVERED BONDS ARE NOT INSURED OR GUARANTEED BY CMHC OR THE GOVERNMENT OF CANADA OR ANY OTHER AGENCY THEREOF. Series Initial Principal Coupon Rate Rate Type Exchange Rate CAD Equivalent Maturity Final Maturity Xxxxx'x Rating DBRS Rating Issued under the Global Legislative Covered Bond Programme (Registered) $ - Issued under the Global Public Sector Covered Bond Programme (Non-Registered)
(1) $ 9,992,900,000 Total: $ 9,992,900,000 Weighted average maturity of Outstanding Covered Bonds 34,050,720,000 Weighted average remaining maturity of Loans in the cover pool - Issuer, Seller, Servicer, Cash Manager The Toronto-Dominion Bank Account Bank, GDA Provider The Toronto-Dominion Bank Interest Rate Swap Provider, Covered Bond Swap Provider The Toronto-Dominion Bank Standby Account Bank, Standby GDA Provider Bank of Montreal Bond Trustee, Custodian, Corporate Services Provider Computershare Trust Company of Canada Guarantor TD Covered Bond (Legislative) Guarantor Limited Partnership Asset Monitor Ernst & Young LLP Paying Agents Citibank, N.A. and Citibank, N.A. London Branch Guarantee Loan $ Demand Loan $
Appears in 1 contract
Samples: Cash Management Agreement
Pre-Maturity Liquidity Ledger. The Cash Manager will ensure that all credits and debits of funds in respect of any Series of Hard Bullet Covered Bonds are recorded in the Pre-Maturity Liquidity Ledger at the appropriate time. MT DOCS 20981263 This report contains information regarding TD Covered Bond (Legislative) Programme's the Cover Pool as of the indicated Calculation Date, relating to the Covered Bonds issued by Laurentian Bank of Canada (“LBC”) under its Legislative Covered Bond Programme. The composition of the Cover Pool will change as Loans (and their Related Security) are added and removed from the Cover Pool from time to time and, accordingly, the characteristics and performance of the Loans (and their Related Security) in the Cover Pool will vary over time. This material is for distribution only under such circumstances as may be permitted by applicable law. This material is published solely for informational purposes and this report does not constitute an invitation or recommendation to invest or otherwise deal in, or an offer to sell or the solicitation of an offer to buy or subscribe for, any security. Reliance should not be placed on the information herein when making any decision to buy, hold or sell any security or for any other purpose. The information set forth below in this report has been obtained from, and is based upon upon, sources believed by The Toronto-Dominion Bank (“TD”) LBC to be accurate, however, TD LBC makes no representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of the information contained herein. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. We assume LBC assumes no liability for any errors or any reliance you place on the information provided herein. THESE COVERED BONDS HAVE NOT BEEN APPROVED OR DISAPPROVED BY CANADA CANADIAN MORTGAGE AND HOUSING CORPORATION ("“CMHC"”) NOR HAS CMHC PASSED UPON THE ACCURACY OR ADEQUACY OF THIS DISCLOSURE DOCUMENT. THESE COVERED BONDS ARE NOT INSURED OR GUARANTEED BY CMHC OR THE GOVERNMENT OF CANADA OR ANY OTHER AGENCY THEREOF. As of the Calculation Date, the Guarantor employs the methodology set out below to determine the indexed valuations for Properties relating to the Loans in the Covered Bond Portfolio (the “Indexation Methodology”) for purposes of the Asset Coverage Test, the Amortization Test, the Valuation Calculation and in calculating the value of the covered bond collateral held as Contingent Collateral. To account for subsequent price developments, the Guarantor has chosen to adjust the original market values of the Properties securing the Loans in the Covered Bond Portfolio by using the Teranet - National Bank House Price Index™ available by subscription at xxx.xxxxxxxxxxxxxxx.xx. LBC does not endorse or accept any responsibility for such site or its content, privacy policy or security standards. As per the CMHC Guide (June 23, 2017) and pursuant to the definition of Indexation Methodology in the Master Definitions and Construction Agreement, notice of any change in the Indexation Methodology must be provided to CMHC and will be reflected in the then-current Investor Report. Changes to the Indexation Methodology may only be made: (i) upon notice to CMHC and satisfaction of any other conditions specified by CMHC in relation thereto; (ii) if such change constitutes a material change, subject to satisfaction of the Rating Agency Condition; and (iii) if such change is materially prejudicial to the Covered Bondholders, subject to the consent of the Bond Trustee. The Indexation Methodology must at all times comply with the requirements of the CMHC Guide. O utstanding Covered Bonds Series ISIN Initial Principal Coupon Rate Rate Type Exchange Amount Currency Translation Rate CAD Equivalent Maturity Final Maturity Xxxxx'x Rating DBRS Rating Issued under the Global Legislative OSFI Programme Limit OSFI Covered Bond Programme (Registered) $ - Issued under the Global Public Sector Ratio: ¹ OSFI Covered Bond Programme (Non-Registered) (Ratio Limit: 5.50%
1) $ 9,992,900,000 Total: $ 9,992,900,000 Weighted average maturity of Outstanding Covered Bonds 34,050,720,000 Weighted average remaining maturity of Loans in . Per OSFI’s letter dated May 23, 2019, the cover pool - Issuer, Seller, Servicer, Cash Manager The Toronto-Dominion Bank Account Bank, GDA Provider The Toronto-Dominion Bank Interest Rate Swap Provider, OSFI Covered Bond Swap Provider The TorontoRatio refers to total assets pledged for covered bonds relative to total on-Dominion Bank Standby Account Bankbalance sheet assets. Total on-balance sheet assets are as at Feb 28, Standby GDA Provider Bank of Montreal Bond Trustee, Custodian, Corporate Services Provider Computershare Trust Company of Canada Guarantor TD Covered Bond (Legislative) Guarantor Limited Partnership Asset Monitor Ernst & Young LLP Paying Agents Citibank, N.A. and Citibank, N.A. London Branch Guarantee Loan $ Demand Loan $2021. S eries Ratings DBRS CBL1
Appears in 1 contract
Samples: Cash Management Agreement
Pre-Maturity Liquidity Ledger. The Cash Manager will ensure that all credits and debits of funds in respect of any Series of Hard Bullet Covered Bonds are recorded in the Pre-Maturity Liquidity Ledger at the appropriate time. This report contains information regarding TD CIBC Covered Bond (Legislative) Programme's Cover Pool as of the indicated Calculation Date. The composition of the Cover Pool will change as Loans (and their Related Security) are added and removed from the Cover Pool from time to time and, accordingly, the characteristics and performance of the Loans (and their Related Security) in the Cover Pool will vary over time. This material is for distribution only under such circumstances as may be permitted by applicable law. This material is published solely for informational purposes and this report does not constitute an invitation or recommendation to invest or otherwise deal in, or an offer to sell or the solicitation of an offer to buy or subscribe for, any security. Reliance should not be placed on the information herein when making any decision to buy, hold or sell any security or for any other purpose. time. The information set forth below has been obtained and based upon sources believed by The Toronto-Dominion Canadian Imperial Bank of Commerce and CIBC World Markets Inc. (“TD”collectively, " CIBC ") to be accurate, however, TD CIBC makes no representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of the information contained herein. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. We assume no liability for any errors or any reliance you place on the information provided herein. THESE COVERED BONDS HAVE NOT BEEN APPROVED OR DISAPPROVED BY CANADA MORTGAGE AND HOUSING CORPORATION ("CMHC") NOR HAS CMHC PASSED UPON THE ACCURACY OR ADEQUACY OF THIS DISCLOSURE DOCUMENT. THESE COVERED BONDS ARE NOT INSURED OR GUARANTEED BY CMHC OR THE GOVERNMENT OF CANADA OR ANY OTHER AGENCY THEREOF. Series Initial Principal Amount CAD Equivalent Expected Maturity Legal Final Maturity Coupon Rate Rate Type Exchange Rate CAD Equivalent Maturity Final Maturity Xxxxx'x Rating DBRS Rating Issued under the Global Legislative Type Covered Bond Programme (Registered) $ - Issued under the Global Public Sector Covered Bond Programme (Non-Registered) (1) $ 9,992,900,000 Total: $ 9,992,900,000 Weighted average maturity of Outstanding Covered Bonds 34,050,720,000 Weighted average remaining maturity of Loans in the cover pool - Series CBL1 Issuer, Seller, Servicer, Canadian Imperial Bank of Commerce Cash Manager The Toronto-Dominion Bank Manager, Account Bank, GDA Provider The Toronto-Dominion Bank Provider, Interest Rate Swap Provider, Covered Bond Swap Provider The Toronto-Dominion Bank Standby Account Bank, Standby GDA Provider Bank of Montreal Bond Trustee, Custodian, Corporate Services Provider Custodian Computershare Trust Company of Canada Guarantor TD CIBC Covered Bond (Legislative) Guarantor Limited Partnership Asset Monitor Ernst & Young LLP Standby Account Bank, Standby The Bank of Nova Scotia (Xxxxx'x: P-1/Aa2; Fitch: F1+/AA-) GDA Provider Paying Agents CitibankHSBC Bank plc and HSBC Bank USA, N.A. and CitibankNational Association Senior Debt Short-Term Rating Outlook Aa3 P-1 Stable AA R-1(high) Stable AA- F1+ Stable A+ A-1 Stable Covered Bond - Series CBL1 Aaa AAA Role Counterparty Rating Triggers Test Result Result if Test Failed Account Bank & GDA Provider CIBC Xxxxx'x Fitch Pass Replace Senior A Short Term P-1 F1 Standby Account Bank & Standby BNS Pass Replace GDA Provider Senior A Short Term P-1 F1 Servicer Replacement Ratings CIBC Senior Baa2 Pass Replace Short Term F2 Cash Manager Required Ratings CIBC Short Term P-1 F2 Pass Replace Title Trigger Event Ratings CIBC Long Term Baa1 BBB+ Pass Transfer of registered title Interest Rate Swap Provider CIBC Initial Rating Event Senior A2 A Pass Credit support, N.A. London Branch Guarantee Loan $ Demand Loan $obtain a guarantee or replace Short Term P-1 F1 Subsequent Rating Event Senior A3 BBB- Pass Replace Short Term P-2 F2 Covered Bond Swap Provider CIBC Initial Rating Event Senior A2 A Pass Credit support, obtain a guarantee or replace Short Term P-1 F1 Subsequent Rating Event Senior A3 BBB- Pass Replace Short Term P-2 F3
Appears in 1 contract
Samples: Cash Management Agreement
Pre-Maturity Liquidity Ledger. The Cash Manager will ensure that all credits and debits of funds in respect of any Series of Hard Bullet Covered Bonds are recorded in the Pre-Maturity Liquidity Ledger at the appropriate time. MT DOCS 14908775v9 This report contains information regarding TD the HSBC Bank Canada Legislative Covered Bond (Legislative) Programme's Cover Pool as of the indicated Calculation Date. The composition of the Cover Pool will change as Loans (and their Related Security) are added and removed from the Cover Pool from time to time and, accordingly, the characteristics and performance of the Loans (and their Related Security) in the Cover Pool will vary over time. This material is for distribution only under such circumstances as may be permitted by applicable law. This material is published solely for informational purposes and this report does not constitute an invitation or recommendation to invest or otherwise deal in, or an offer to sell or the solicitation of an offer to buy or subscribe for, any security. Reliance should not be placed on the information herein when making any decision to buy, hold or sell any security or for any other purpose. The information set forth below has been obtained and based upon sources believed by The Toronto-Dominion HSBC Bank Canada and HSBC Securities (“TD”Canada) Inc. (collectively, "HSBC") to be accurate, however, TD HSBC makes no representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of the information contained herein. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. We assume no liability for any errors or any reliance you place on the information provided herein. THESE COVERED BONDS HAVE NOT BEEN APPROVED OR DISAPPROVED BY CANADA MORTGAGE AND HOUSING CORPORATION ("“CMHC"”) NOR HAS CMHC PASSED UPON THE ACCURACY OR ADEQUACY OF THIS DISCLOSURE DOCUMENT. THESE COVERED BONDS ARE NOT INSURED OR GUARANTEED BY CMHC OR THE GOVERNMENT OF CANADA OR ANY OTHER AGENCY THEREOF. Effective XXXX, 0000, the Guarantor employs the methodology set out below to determine the indexed valuations for Properties relating to the Loans in the Covered Bond Portfolio (the “Indexation Methodology”) for purposes of the Asset Coverage Test, the Amortization Test, the Valuation Calculation, in calculating the value of the covered bond collateral held as Contingent Collateral and for other purposes as may be required by the CMHC Covered Bond Guide (the “CMHC Guide”) from time to time. To account for subsequent price developments, the Guarantor has chosen to adjust the original market values of the Properties securing the Loans in the Covered Bond Portfolio by using the Teranet - National Bank House Price IndexTM and the Teranet - National Bank Regional and Property Type Sub- IndicesTM (collectively the “Indices”), available by subscription at xxx.xxxxxxxxxxxxxxx.xx This website and its contents do not form part of this Investor Report. (HSBC does not endorse or accept any responsibility for such sites or their content, privacy policy or security standards.) The Teranet - National Bank House Price IndexTM (”HPI Indices”) is an independent representation of the rate of change of Canadian single-family home prices. The measurements are based on the property records of public land registries, where sale prices are available. The Teranet - National Bank Regional and Property Type Sub-IndicesTM (”Sub-Indices”) is an independent representation of the rate of change of Canadian home prices based on property types and regional characteristics. For each region, the Sub-Indices classifies properties into three categories (condo, row housing, single family) and provides an all-types combined index. As of the indicated Calculation Date, the Sub-Indices for the forward sortation area where the property is located is used to calculate the property value. Where a Sub-Indices for the property category is unavailable the Sub-Indices all-types index has been used. The relevant Sub-Indices are used to maintain updated market property values. At least quarterly, property values are updated based on relative changes in Sub-Indices from the time of original valuation, and used in calculating the loan to value ratios. Properties in Outstanding Covered Bonds Series Initial Principal Coupon Amount Translation Rate C$ Equivalent Expected Maturity Legal Final Maturity Interest Rate Rate Type Exchange Rate CAD Equivalent Maturity Final Maturity Xxxxx'x Rating DBRS Rating Issued under the Global Legislative Type Bond 1 $0 01/00/1900 01/00/1900 Total $0 OSFI Covered Bond Programme (Registered) $ - Issued under the Global Public Sector Covered Bond Programme (Non-Registered) (1) $ 9,992,900,000 Total: $ 9,992,900,000 Limit $0 Weighted average maturity of Outstanding Covered Bonds 34,050,720,000 (months) 0.00 Weighted average remaining maturity term of Loans in the cover pool - Issuer, Seller, Servicer, Cash Manager The Toronto-Dominion Cover Pool (months) 0.00 Series Ratings Bond 1 Xxxxx'x Fitch Issuer HSBC Bank Account Bank, GDA Provider The Toronto-Dominion Bank Interest Rate Swap Provider, Covered Bond Swap Provider The Toronto-Dominion Bank Standby Account Bank, Standby GDA Provider Bank of Montreal Bond Trustee, Custodian, Corporate Services Provider Computershare Trust Company of Canada ("HSBC") Guarantor TD Entity HSBC Canadian Covered Bond (Legislative) Guarantor Limited Partnership Servicer & Cash Manager HSBC Swap Providers HSBC Covered Bond Trustee & Custodian Computershare Trust Company of Canada Asset Monitor Ernst PricewaterhouseCoopers LLP Account Bank & Young LLP GDA Provider HSBC Standby Account Bank & GDA Provider Bank of Montreal("BMO") Paying Agents CitibankAgent HSBC Bank USA, N.A. and CitibankNational Association Senior Debt Subordinated Debt Short-Term Rating Outlook Xxxxx'x Fitch Xxxxx'x Fitch Long term / short term *(cr)/*(cr) */* Long term / short term */* HGBC Legislative Covered Bond Program - Monthly Investor Report Calculation Date: Reporting Date: Applicable Ratings of Gtandby Account Bank & GIC Provider (BMO) Xxxxx'x (Deposit Rating) Long Term Aa 2 (Issuer Default Rating) Short Term P-1 F1+ Description of Ratings Triggers (Note:Where there are two ratings for a rating agency for a trigger, N.A. London Branch Guarantee Loan $ Demand Loan $only one rating is required to be at or above one of such ratings)
Appears in 1 contract
Samples: Cash Management Agreement
