On August 22, 2024, Canada Housing Trust™ No. 1, a special purpose securitization trust, completed a two-tranche debt financing consisting of the issuance of Floating Rate Canada Mortgage Bonds™, Series 121 (Re-Opening), in an aggregate principal amount of $500,000,000 and 3.500 percent Canada Mortgage Bonds™, Series 122, in an aggregate principal amount of $6,500,000,000, for a combined total of $7,000,000,000 of Canada Mortgage Bonds™, which were provided with Canada’s sovereign guarantee through Canada Mortgage and Housing Corporation (CMHC).