Lending Rates: Municipal Corporations - Other

Indicative Lending Rates as of March 12, 2010**

Term	Construction	Serial	Amortizer
1 Month	1.15%	-	-
5 Year	-	3.13%	3.23%
10 Year	-	4.16%	4.26%
15 Year	-	4.67%	4.77%
20 Year	-	4.97%	5.07%
25 Year	-	5.16%	5.26%
30 Year	-	5.26%	5.36%
35 Year	-	5.33%	5.43%
40 Year	-	5.37%	5.47%

About our Lending Rates

Our online lending rates are updated frequently as we track the movement of our cost of borrowing in the capital markets.

Debentures - rates on debentures are fixed for the entire life of the loan once the debenture is purchased by Infrastructure Ontario.

Construction Loans - for construction loans, rates float throughout the term of the loan until they are replaced by a debenture. Construction loan requests over $75 million are subject to funding availability and interest rates may vary from those posted.

 

**These interest rates are the all-in cost for loans of the term and type selected.