GOC Redemption Yield on any date means the arithmetic average of the interest rates quoted to the Bank by two registered Canadian investment dealers selected by the Bank, and approved by the Trustee, as being the annual yield to maturity on such date, 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 on the date of redemption with a maturity date of July 25, 2024.
GOC Redemption Yield on any date shall mean the arithmetic average of the interest rates quoted to CIBC by two registered Canadian investment dealers selected by CIBC, and approved by the Trustee, as being the annual yield to maturity on such date, 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 on the date of redemption with a maturity date of June 19, 2024.
GOC Redemption Yield means, on any date, the average of the annual yields at 12:00pm (Toronto time) on the Business Day immediately preceding the date on which the Bank gives notice of the redemption of the October 30, 2104 Debentures as determined by two Canadian registered investment dealers, each of which will be selected by, and must be independent of, the Bank, as being the annual yield from the applicable date of redemption to, but excluding, the next Interest Reset Date which a non-callable Government of Canada bond would carry, assuming semi-annual compounding, if issued in Dollars in Canada at 100% of its principal amount on the date of redemption and maturing on the next Interest Reset Date;