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Manitoba Builder Bonds

Manitoba Finance

Frequently Asked Questions About Builder Bonds


1. What are the rates for Builder Bonds Series 11?  
2. What are the rates for Builder Bonds Series 10?  
3. What are the rates for Builder Bonds Series 9?  
4. What are the rates for Builder Bonds Series 8?  
5. What are the rates for Builder Bonds Series 7?  
6. What are the rates for Builder Bonds Series 6?
7. What are the rates for Builder Bonds Series 5?
8. What are the rates for Builder Bonds Series 4?
9. What are the rates for Hydro Bonds Series 10?  
10. What are the rates for Hydro Bonds Series 9?  
11. What are the rates for Hydro Bonds Series 8?
12. What are the rates for Hydro Bonds Series 7?
13. When do each series of Builder Bonds mature?
14. When is the redemption period for Builder Bond Floating Rate Bonds?
15. If I want to redeem all or a portion of my Builder Bond, how do I do it?
16. How much will I receive if I redeem my Builder Bonds at the next redemption period?
17. How do I change my banking information for interest and maturity payments?

  
18. What are the rates for each series since they were issued?
 
Any other questions, contact the appropriate registrar indicated below.
Builder Bonds Series Two, Three, Four, Five, Six, Seven, Eight and Nine and Hydro Bonds Series Five, Six, Seven and Eight
Computershare Trust
830 - 201 Portage Avenue
Winnipeg MB  R3B 3K6		 940-4600
1-800-429-6634


Builder Bonds Series One, Ten and Eleven

CIBC Mellon
600 The Dome Tower
333 - 7th Avenue S.W.
6th Floor
Calgary AB  T2P 2Z1
1-800-387-0825


Hydro Bonds Series Three, Four, Nine and Ten

CIBC Mellon
600 The Dome Tower
333 - 7th Avenue S.W.
6th Floor
Calgary AB  T2P 2Z1
1-888-262-4168


For more information please check the Web Sites:

Manitoba Hydro Bonds:   www.hydro.mb.ca/about_us/hydro_bonds.shtml.

Manitoba Builder Bonds:  www.gov.mb.ca/finance/treasury/builderbonds.html
1. What are the rates for Builder Bonds Series 11?

  
  Five year floating rate bond
- 1% effective June 15, 2009 (annual)
- redeemable annually

  
  Three year fixed rate bond
- redeemable @ maturity @ 2% (annual)

  
  Five year fixed rate bond
- redeemable @ maturity @ 2.75% (annual & compound)

 
 

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2. What are the rates for Builder Bonds Series 10?

  
  Five year floating rate bond
- 1% effective June 15, 2009 (annual)
- redeemable annually

  
  Three year fixed rate bond
- redeemable @ maturity @ 3.5% (annual)

  
  Five year fixed rate bond
- redeemable @ maturity @ 3.7% (annual & compound)

 

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3. What are the rates for Builder Bonds Series 9?

  
  Five year floating rate bond
- 1% effective June 15, 2009 (annual)
- redeemable annually

  
  Three year fixed rate bond
- matured June 15, 2008
- redeemable @ maturity @ 3.25% (annual)

  
  Five year fixed rate bond
- redeemable @ maturity @ 3.70% (annual & compound)

 

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4. What are the rates for Builder Bonds Series 8?

  
  Five year floating rate bond
- maturing June 15, 2009

  
  Three year fixed rate bond
- matured June 15, 2007
- redeemable @ maturity @ 3.80% (annual)

  
  Five year fixed rate bond
- maturing June 15, 2009 @ 4.45% (annual & compound)

  
 

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5. What are the rates for Builder Bonds Series 7?

  
  Five year floating rate bond
- matured June 15, 2008

  
  Three year fixed rate bond
- matured June 15, 2006
- redeemable @ maturity @ 3.85% (annual)

  
  Five year fixed rate bond
- matured June 15, 2008 @ 4.25% (annual & compound)		  
 

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6. What are the rates for Builder Bonds Series 6?
Five year floating rate bond
- matured June 15, 2005
Three year fixed rate bond
-  matured June 15, 2003
-  redeemable @ maturity @ 6.75% (annual)
Five year discount bond
-  matured June 15, 2005 @ 6.75%

 

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7. What are the rates for Builder Bonds Series 5?
Five year floating rate bond
-  matured June 15, 2004 (annual & compound)
Five year discount bond
-  matured June 15, 2004 @ 5.65%

 

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8. What are the rates for Builder Bonds Series 4?
Five year floating rate bond
-  matured June 15, 2003 (annual & compound)
Five year discount bond
-  matured June 15, 2003 @ 5.375%

 

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9. What are the rates for Hydro Bonds Series 10?
  Five year floating rate bond
-  1% effective June 15, 2009 (annual)
-  redeemable annually
  Three year fixed rate bond
-  redeemable @ maturity @ 4.60% (annual)
  Five year fixed rate bond
-  redeemable @ maturity @ 4.65% (annual and compound)


 

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10. What are the rates for Hydro Bonds Series 9?
  Five year floating rate bond
- 1% effective June 15, 2009 (annual)
-  redeemable annually
  Three year fixed rate bond
-  maturing June 15, 2009
-  redeemable @ maturity @ 4.15% (annual)
  Five year fixed rate bond
-  redeemable @ maturity @ 4.35% (annual and compound)


 

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11. What are the rates for Hydro Bonds Series 8?
Five year floating rate bond
-  matured June 15, 2007 (annual)

Three year fixed rate bond
-  matured June 15, 2005
-  redeemable @ maturity @ 4.75% (annual)
Five year fixed rate bond
-  matured June 15, 2007
-  redeemable @ maturity @ 5.50% (annual and compound)

 

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12. What are the rates for Hydro Bonds Series 7?
Five year floating rate bond
-  matured June 15, 2006 (annual)
Three year fixed rate bond
-  matured June 15, 2004
-  redeemable @ maturity @ 5.50% (annual)
Five year discount bond
-  matured June 15, 2006
-  redeemable @ maturity @ 6%
-  purchase price $74.72/$100 (compound)

 

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13. When do each series of Builder Bonds mature?
Series One June 15, 1998
Series Two June 15, 1999
Series Three June 15, 2000
 
Series Four - Three Year Fixed June 15, 2001
Floating Rate June 15, 2003
Discount Compound June 15, 2003
 
Series Five - Three Year Fixed June 15, 2002
Floating Rate June 15, 2004
Discount Compound June 15, 2004
 
Series Six - Three Year Fixed June 15, 2003
Floating Rate June 15, 2005
Discount Compound June 15, 2005
Series Seven - Three Year Fixed June 15, 2006
  Floating Rate June 15, 2008
  Five Year Fixed June 15, 2008
     
Series Eight - Three Year Fixed June 15, 2007
  Floating Rate June 15, 2009
  Five Year Fixed June 15, 2009
     
Series Nine - Three Year Fixed June 15, 2008
  Floating Rate June 15, 2010
  Five Year Fixed June 15, 2010
     
Series Ten - Three Year Fixed June 15, 2011
  Floating Rate June 15, 2013
  Five Year Fixed June 15, 2013
     
Series Eleven - Three Year Fixed June 15, 2012
  Floating Rate June 15, 2014
  Five Year Fixed June 15, 2014
     
 

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14. When is the redemption period for Builder Bond Floating Rate Bonds?
Every June 15 unless your Series has matured. If matured, they can be processed for redemption at any time.

 

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15. If I want to redeem all or a portion of my Builder Bond, how do I do it?
Manitoba Builder Bond Series 9 contact Computershare directly for instructions at 1-800-429-6634.

Manitoba Builder Bond Series 10 & Series 11 contact CIBC Mellon Trust Company directly for instructions at 1-888-262-4168.

Redemptions will only be accepted during the designated redemption periods.
 

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16. How much will I receive if I redeem my Builder Bonds at the next redemption period?

Annual bonds are paying at par.  Annual interest will be paid separately. 


 

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17. How do I change my banking information for interest and maturity payments?

 

Interest payments and maturity amounts are directly deposited to your bank account. If you have changed your banking information, please contact the registrar.

Manitoba Builder Bond Series 9 contact Computershare in writing at
830-201 Portage Avenue, Winnipeg MB R3B 3K6 or by fax at 1-888-453-0330.

Manitoba Builder Bond Series 10 and 11 contact CIBC Mellon Trust Company in writing at 199 Bay Street, Commerce Court West, Securities Level, Toronto, Ontario, M5L 1G9 or by fax at 416-643-3135 or 1-877-363-3387.

In order to update your direct deposit information a VOID cheque will need to be provided. If a void cheque cannot be provided, the Registrar requires a direct deposit authorization form/letter completed by your financial institution. The form/letter must include the financial institution's logo and domicile stamp with the branch address and be signed by an authorized signing officer of the financial institution. Please include the name and telephone number of the financial institution representative. The form/letter must also include your banking information (transit number, account number) and your name and address.
 

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18. What are the rates for each series since they were issued?
Series One

Annual

Compound

Monthly
June 15/93 to June 15/94 6.00% 6.00% 5.84%
June 15/94 to Dec. 15/94 6.75% 6.75% 6.55%
Dec. 15/94 to June 15/95 7.00% 7.00% 6.78%
June 15/95 to June 15/96 7.25% 7.25% 7.02%
June 15/96 to June 15/97 5.50% 5.50% 5.36%
June 15/97 to June 15/98 5.50% 5.50% 5.36%
Series Two
June 15/94 to Dec. 15/94 6.75% 6.75% 6.55%
Dec. 15/94 to June 15/95 7.00% 7.00% 6.78%
June 15/95 to June 15/96 7.25% 7.25% 7.02%
June 15/96 to June 15/97 5.50% 5.50% 5.36%
June 15/97 to June 15/98 5.50% 5.50% 5.36%
June 15/98 to June 15/99 5.50% 5.50% 5.36%
Series Three
June 15/95 to June 15/96 7.25% 7.25% 7.02%
June 15/96 to June 15/97 5.50% 5.50% 5.36%
June 15/97 to June 15/98 5.50% 5.50% 5.36%
June 15/98 to June 15/99 5.50% 5.50% 5.36%
June 15/99 to June 15/00 5.50% 5.50% 5.36%
Series Four Floating Rate Bonds Annual Compound
June 15/98 to Dec. 15/98 4.75% 4.75%
Dec. 15/98 to June 15/99 4.50% 4.50%
June 15/99 to Dec. 15/99 4.35% 4.35%
Dec. 15/99 to June 15/00 4.75% 4.75%
June 15/00 to Dec. 15/00 5.75% 5.75%
Dec. 15/00 to June 15/01 5.50% 5.50%
June 15/01 to Dec. 15/01 4.00% 4.00%
Dec. 15/01 to June 15/02 2.00% 2.00%
June 15/02 to June 15/03 2.50% 2.50%

Series Five Floating Rate Bonds
June 15/99 to Dec. 15/99 4.35% 4.35%
Dec. 15/99 to June 15/00 4.75% 4.75%
June 15/00 to Dec. 15/00 5.75% 5.75%
Dec. 15/00 to June 15/01 5.50% 5.50%
June 15/01 to Dec. 15/01 4.00% 4.00%
Dec. 15/01 to June 15/02 2.00% 2.00%
June 15/02 to June 15/03 2.50% 2.50%
June 15/03 to Dec. 15/03 3.00% 3.00%  
Dec. 15/03 to June 15/04 2.40% 2.40%

Series Six Floating Rate Bonds
June 15/00 to Dec. 15/00 5.75% 5.75%
Dec. 15/00 to June 15/01 5.50% 5.50%
June 15/01 to Dec. 15/01 4.00% 4.00%
Dec. 15/01 to June 15/02 2.00% 2.00%
June 15/02 to June 15/03 2.50% 2.50%
June 15/03 to Dec. 15/03 3.00% 3.00%
Dec. 15/03 to June 15/04 2.40% 2.40%  
June 15/04 to Dec. 15/04 1.80% 1.80%  
Dec. 15/04 to June 15/05 2.25% 2.25%  
       
Series Seven Floating Rate Bonds      
June 15/03 to June 15/04 3.15%    
June 15/04 to June 15/05 2.10%    
June 15/05 to June 15/06 2.60%    
June 15/06 to June 15/07 4.00%    
June 15/07 to June 15/08 4.20%    
       
Series Eight Floating Rate Bonds      
June 15/04 to June 15/05 2.10%    
June 15/05 to June 15/06 2.60%    
June 15/06 to June 15/07 4.00%    
June 15/07 to June 15/08 4.20%    
June 15/08 to June 15/09 2.40%    
       
Series Nine Floating Rate Bonds      
June 15/05 to June 15/06 2.60%    
June 15/06 to June 15/07 4.00%  
June 15/07 to June 15/08 4.20%    
June 15/08 to June 15/09 2.40%    
June 15/09 to June 15/10 1.00%    
       
Series Ten Floating Rate Bonds      
June 15/08 to June 15/09 2.40%    
June 15/09 to June 15/10 1.00%    
       
Series Eleven Floating Rate Bonds      
June 15/09 to June 15/10 1.00%    
       

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