GOVERNMENT DEBT BONUS CREDIT 2016

Book Book Non Book Non Book Total Total

Underwriter Number Amount ($M) Number Amount ($M) Number Amount ($M)

1 TD Securities Inc. 64 16,381 84 5,799 148 22,180

2 Scotia Capital Inc. 36 13,484 98 6,811 134 20,295
3 RBC Capital Markets 56 13,925 92 6,343 148 20,268
4 BMO Capital Markets 33 13,052 101 6,934 134 19,986
5 National Bank Financial Inc. 80 14,721 62 4,919 142 19,640
6 CIBC World Markets Inc. 43 11,038 99 6,862 142 17,900
7 HSBC Securities (Canada) Inc. 15 3,891 16 1,022 31 4,913
8 Bank of America Merrill Lynch 10 3,771 11 778 21 4,549
9 Desjardins Securities Inc. 7 747 52 3,590 59 4,337
10 Casgrain & Company Limited 6 351 35 1,663 41 2,013
11 Laurentian Bank Securities Inc. 5 310 34 1,641 39 1,951
12 Deutsche Bank AG 7 1,765 0 0 7 1,765
13 Barclays Bank PLC 5 1,622 0 0 5 1,622
14 Goldman, Sachs & Co. 4 1,528 0 0 4 1,528
15 Citigroup Global Markets Inc. 5 1,015 0 0 5 1,015
16 J.P. Morgan Securities LLC 3 927 0 0 3 927
17 Morgan Stanley & Co. LLC 1 894 0 0 1 894
18 BNP Paribas 3 781 0 0 3 781
19 Credit Suisse Group 1 541 0 0 1 541
20 Bank of China Limited 1 431 0 0 1 431
21 Credit Agricole Corporate and Investment Bank 2 385 0 0 2 385
22 Societe Generale S.A. 1 360 0 0 1 360
23 Mizuho International plc 2 156 0 0 2 156
24 Australia and New Zealand Banking Group Limited 4 151 0 0 4 151
25 NordLB - Norddeutsche Landesbank Girozentrale 1 128 0 0 1 128
26 Beacon Securities Limited 0 0 1 44 1 44
27 Canaccord Genuity Corp. 0 0 1 44 1 44
28 Mackie Research Capital Corporation 0 0 2 17 2 17
SOURCE: FINANCIAL POST DATA NATIONAL POST