Frequently Asked Questions

1. What were the rates for the various Hydro Bond Series?
2. Who may purchase Hydro Bonds?
3. When are Hydro Bonds on sale?
4. Where may Hydro Bonds be purchased?
5. What is the minimum purchase amount?
6. How is interest, redemption funds or funds upon maturity paid?
7. How do you change address or banking information?
8. Is a T5 issued every year?
9. When is the redemption period for Manitoba Hydro Bonds and what is the process?
10. What are the maturity dates for each series of Hydro Bonds?
11. What happens when the bonds mature?
12. What happens to the bonds if a bondholder passes away?
13. Where can similar information about Province of Manitoba Builder Bonds be found?
14. Who can be called for questions not covered here?

1. What were the rates for the various Hydro Bond Series?

   Manitoba Hydro Bond Interest Rates

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2. Who may purchase Hydro Bonds?

   Individuals residing in Manitoba, corporations, societies, non-profit organizations or other organizations having a permanent establishment in Manitoba may purchase Hydro Bonds. Also Self-directed plans such as Registered Education Savings Plans, Registered Retirement Savings Plans, Registered Retirement Income Funds, Deferred Profit Sharing Plans, Employee Benefit Plans and Registered Pension Plans, provided the beneficiary is an individual residing in Manitoba may also purchase bonds.

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3. When are Hydro Bonds on sale?

   Bonds are on sale for a two week period beginning approximately May 22nd and ending approximately June 5th. The Minister of Finance will issue a press release in the middle of April each year identifying if the sale will be Manitoba Hydro Bonds or Province of Manitoba Builder Bonds.

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4. Where may Hydro Bonds be purchased?

   Bonds may be purchased through participating banks, credit unions, caisses populaires, trust companies and investment dealers.

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5. What is the minimum purchase amount?

   The minimum purchase is $100.00. Bonds are sold in multiples of 100.

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6. How is interest, redemption funds or funds upon maturity paid?

   All proceeds will be deposited directly into the account specified on the original purchase application.

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7. How do you change address or banking information?

   To change any personal information such as address or bank information contact the appropriate Trustee either by mail or by fax.

   Series 7 & 8 – Computershare Trust
   830 – 201 Portage Avenue
   Winnipeg, Manitoba R3B 3K6 or fax 1-888-453-0330

   Series 9 & future issues – CIBC Mellon Trust Company
   199 Bay Street Commercial Court West
   Securities Level
   Toronto, Ontario M5L 1G9 or fax 1-877-363-3387

   NOTE: The Trustee must receive notification of changes at least one week prior to May 31st to allow sufficient time to update the bondholder file prior to the payment date.

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8. Is a T5 issued every year?

   T5's are not issued the first year you own your bond — but are issued every year after until maturity. For example if you purchased a five year fixed rate bond June 15, 2006 maturing June 15, 2011, you would not receive a T5 in January 2007 as you only earned 6 months interest so far (June – December). You will receive T5s as follows:

   January 2008 for interest earned June 2006 – June 2007
   January 2009 for interest earned June 2007 – June 2008
   January 2010 for interest earned June 2008 – June 2009
   January 2011 for interest earned June 2009 – June 2010
   January 2012 for interest earned June 2010 – June 2011.

   NOTE: If your bonds are held through an investment dealer, you will receive your T5 directly from the investment dealer — not the Trustee.

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9. When is the redemption period for Manitoba Hydro Bonds and what is the process?

   All fixed rate bonds must be held to maturity. Only Floating Rate bonds may be redeemed prior to the maturity date and only during the annual redemption period each June.

   Contact the Trustee direct for instructions (see note #18 to identify which Trustee to contact). The Trustee must be notified in writing or by phone after June 1st and at least four full business days prior to June 15th if you wish to take advantage of the early redemption period.

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10. What are the maturity dates for each series of Hydro Bonds?

    Manitoba Hydro Bond Maturity Dates

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11. What happens when the bonds mature?

    Upon maturity the proceeds due to the bondholder are automatically deposited into the bondholder's bank account. Whatever financial information is on file with the Trustee on May 31st will be where the funds are deposited. To change this information please go to point #7 for details.

    The Trustee must receive notification of changes to banking information at least one week prior to May 31st to allow sufficient time to update the bondholder file prior to the payment date.

    NOTE: Series 1 through 6 had actual bond certificates that had to be presented at a financial institution to be cashed. This can be done on or after the maturity date.

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12. What happens to the bonds if a bondholder passes away?

    If a bondholder passes away the Trustee would need to be contacted for assistance. (see note #7 to determine the appropriate Trustee)

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13. Where can similar information about Province of Manitoba Builder Bonds be found?

    www.gov.mb.ca/finance/treasury/builderbonds.html — Province's website.

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14. Who can be called for questions not covered here?

    General bond questions — Manitoba Hydro at 1-204-360-4213 or 1-888-624-9376
    Specific questions about series 3, 4, 9 and future series — CIBC Mellon Trust at 1-888-262-4168
    Specific questions about series 1, 2, 5, 6, 7 and 8 — Computershare Trust at 1-204-940-4600 or 1-800-429-6634

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