Fixed Income Quarterly—Outlook
Page 11
Canadian Corporate Debt Issuance
Table 1.2
Top 25 Canadian Corporate Issuers 1999 – YTD 2014
Issuer
Amount (C$ mm)
Bank of Nova Scotia
Royal Bank of Canada
Canadian Imperial Bank of Commerce
Bank of Montreal
Toronto-Dominion Bank
GE Capital Canada Funding Company Citigroup Finance Canada Inc.
Bell Canada
HSBC Bank Canada
Wells Fargo Financial Canada Corp.
Hydro One Inc.
DaimlerChrysler Canada Finance
National Bank of Canada
Ford Credit Canada Limited
Greater Toronto Airports Authority
Capital Desjardins Inc.
407 International Inc.
TELUS Corporation
Manufacturers Life Insurance Company Cards II Trust
Golden Credit Card Trust
Rogers Cable Inc.
Enbridge Inc.
Master Credit Card Trust
General Motors Acceptance Corp. of Canada
65,448 58,918 48,561 46,426 27,600 22,108 19,265 17,610 17,345 15,125 14,052 13,340 12,657 11,198 11,135 10,810 10,177 9,900 9,800 9,536 8,434 8,350 7,680 7,650 7,489
Note: Includes all Corporates with settlement date on or before March 31, 2014 Source: BMO Capital Markets
Chart 1.2
Annual Corporate Net Issuance
New Issuance
Maturities
Net New Issuance
120.0 100.0 80.0 60.0 40.0 20.0
120.0 100.0 80.0 60.0 40.0 20.0
0.0                  0.0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 YTD 2014
Note: Includes all Corporates with settlement date on or before March 31, 2014 Source: BMO Capital Markets, Bloomberg
C$ billions
$27.4 $8.1
$35.7 $11.5
$33.3 $17.1
$49.7 $23.2
$51.3 $26.2
$60.8 $35.4
$39.5
$75.9
$73.9 $44.2
$61.4 $56.8
$54.9 $49.2
$75.6 $49.4
$77.8 $54.1
$44.7 $56.0
$88.3
$105.6
$20.5
$43.1