C$100,000 nominal value Government of Canada bond with 6% notional coupon.

March, June, September and December.

Par is on the basis of 100 points where one point equals to C$1,000.

Trading ceases at 1:00 p.m. (Montréal time) on the 7th business day preceding the last business day of the delivery month.

Physical delivery of eligible Government of Canada Bonds. See Circulars.

0.01 = C$10

250 contracts.

Government of Canada bonds which:

• have a remaining time to maturity of between 3½ years and 5¼ years as of the first day of the delivery month, calculated by rounding down to the nearest whole month period;
• have an outstanding amount of at least C$3.5 billion nominal value;
• are originally issued at 5-year Government of Canada bond auctions;
• are issued and delivered on or before the 15th day preceding the first delivery notice day of the contract.

More information on delivery standards is available in Article 15613 of the Rules.

None

• Early session: 6:00 a.m. to 8:05 a.m.
• Regular session: 8:20 a.m. to 3:00 p.m.
• Extended session*: 3:06 p.m. to 4:00 p.m.

* There is no extended session on the last trading day of the expiring contract month. Note: During early closing days, the regular session closes at 1:00 p.m., time at which the daily settlement price is established. In those circumstances, the extended session is from 1:06 p.m. to 1:30 p.m.