Lending Rates: Municipal Corporations - Other

Indicative Lending Rates as of September 3, 2010**

Term	Construction	Serial	Amortizer
1 Month	1.77%	-	-
5 Year	-	2.71%	2.81%
10 Year	-	3.67%	3.77%
15 Year	-	4.20%	4.30%
20 Year	-	4.53%	4.63%
25 Year	-	4.75%	4.85%
30 Year	-	4.87%	4.97%
35 Year	-	4.95%	5.05%
40 Year	-	5.01%	5.11%

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.