CMHC Establishes US$2B Euro Medium Term Note Programme

Canada Mortgage and Housing Corporation (CMHC), an Agent of Her Majesty in right of Canada, established a US$2 billion Euro Medium Term Note Programme on January 5, 2001. The arranger for the transaction was Merrill Lynch International and the other members of the dealer group were CIBC World Markets plc, Deutsche Bank AG London, Royal Bank of Canada Europe Limited, The Toronto-Dominion Bank and Tokyo-Mitsubishi International plc.

Steven Smith of Osler, Hoskin & Harcourt LLP acted on behalf of the issuer, CMHC, together with CMHC in-house counsel Doug Tyler and Louise Michel. Stikeman Elliott’s Marianne Sussex and James Davis acted for the dealers.