Investor relations

BDC finances its operations by borrowing funds in the domestic and international financial markets. BDC satisfies its financing requirements by issuing debt obligations to the public and to private sector institutions.

About BDC in Japanese

Secure investments
BDC debt obligations are secured by the Government of Canada. The payment of principal and any interest carries the full faith and credit of Canada and constitutes direct unconditional obligations of and by Canada. As such, BDC benefits from preferred credit ratings.

Credit ratings
DEBT	TERM	MOODY'S report	STANDARD & POORS  report	DBRS report
Domestic	Short	P-1	A-1+Short	R-1 High
	Long	Aaa	AAA	AAA
Foreign	Short	P-1	A-1+	R-1 High
	Long	Aaa	AAA	AAA

You will need Adobe Acrobat Reader to view these files.

Commercial paper
BDC's short-term financing is done through the issue of commercial paper in the domestic and international money markets. Commercial Paper is issued for terms ranging from overnight to up to 1 year.

Debt products
BDC's long-term financing is done through its Medium Term Note Programmes (MTN). Notes are issued for terms ranging from one year to 15 years in the domestic and international capital markets. Debt instruments include a range of plain vanilla, callable, zero-coupon, step-up and other types of Notes as well as a wide range of structured financial products.

 Index linked notes - listed

 Interest bearing notes