| Issuer: | Export Development Canada / Exportation et développement Canada | |||
| Title: | 2.375% United States Dollar Bonds due March 19, 2012 | |||
| Ratings: | AAA/Aaa/AAA (S&P, Moodys, DBRS) | |||
| Format: | SEC Registered | |||
| Size: | $1,500,000,000 | |||
| Trade Date: | March 11, 2009 | |||
| Settlement Date: | March 19, 2009 | |||
| Maturity Date: | March 19, 2012 | |||
| Callable: | No, unless any change in the laws or regulations of Canada that would require the payment by EDC of additional amounts on the bonds | |||
| Interest Payment Dates: | March 19 and September 19 | |||
| First Interest Payment Date: | September 19, 2009 | |||
| Benchmark Treasury: | UST 1.375% due March 15, 2012 | |||
| Benchmark Treasury Yield: | 1.458% | |||
| Spread to Benchmark | ||||
| Treasury: | +99.6 bps | |||
| Yield to Maturity: | 2.454% | |||
| Coupon: | 2.375% | |||
| Price: | 99.773% | |||
| Day Count: | 30/360 | |||
| Specified Currency: | United States Dollars (“$”) | |||
| Minimum Denomination: | $5,000 and increments of $5,000 in excess thereof | |||
| Listing: | Luxembourg Euro MTF Market | |||
| Status: | The bonds will carry the full faith and credit of Canada. The payment of the principal of and interest on the bonds will constitute a charge on and be payable out of the Consolidated Revenue Fund of Canada | |||
| Governing Law: | Province of Ontario / Canada | |||
| Business Days: | New York, London, Toronto | |||
| Representatives: | Citigroup Global Markets Inc., HSBC Securities (USA) Inc., Morgan Stanley & Co. International plc and The Toronto-Dominion Bank | |||
| Co-managers: | BNP Paribas Securities Corp. | |||
| Calyon Securities (USA) Inc. | ||||
| CIBC World Markets Corp. | ||||
| Credit Suisse Securities (Europe) Limited | ||||
| Deutsche Bank Securities Inc. | ||||
| J.P. Morgan Securities Ltd. | ||||
| Mizuho International plc | ||||
| RBC Capital Markets Corporation | ||||
| Scotia Capital (USA) Inc. | ||||
| UBS Limited | ||||
| Billing and Delivering: | HSBC Securities (USA) Inc. | |||
| Cusip # ISIN #: | CUSIP: 30216B BQ4 ISIN: US30216BBQ41 | |||
| Reference Document: | Prospectus Supplement subject to completion, dated March 11, 2009; Prospectus dated January 15, 2008; | |||
| http://idea.sec.gov/Archives/edgar/data/276328/000120621209000046/m42628e424b2.htm | ||||
This communication is intended for the sole use of the person to whom it is provided by us. | ||||
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site atwww.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-877-858-5407 for Citigroup Global Markets Inc., 1-866-811-8049 for HSBC Securities (USA) Inc., 1-866-718-1649 for Morgan Stanley & Co. International plc and 1-800-263-5292 for The Toronto-Dominion Bank. | ||||
