Regulatory Capital Instruments

Regulatory capital is the amount of capital a bank or other financial institution has to hold as required by its financial regulator. CIBC’s regulatory capital requirements are determined in accordance with guidelines issued by the Office of the Superintendent of Financial Institutions (OSFI), which are based on the risk-based capital standards developed by the Basel Committee on Banking Supervision (BCBS).
 

The table below lists the regulatory capital instruments included in Basel III regulatory capital. Further information on CIBC’s regulatory capital position may be found in the following locations:
 

Quarterly Financials

Within the Quarterly Report to Shareholders and Supplementary Financial Information

Annual Reports

CIBC's latest Annual Report

Main features of regulatory capital instruments

 Regulatory capital instruments — Q4 2023 (XLS, 130 KB) — Q1 available February 29, 2024

Canadian Bank Resolution Powers including Bail-in

Information on bail-in conversion (PDF, 185 KB) Opens in a new window.

Common Equity Tier 1 Instruments

Entity

Instrument

Maturity date

Coupon rate

Year issued

Currency

Par value

CUSIP

Terms and conditions

CIBC

Common shares

n/a

n/a

Various

CAD

n/a

136069101

Common Share Prospectus
(PDF, 168 KB)

CIBC FirstCaribbean International Bank

Common shares

n/a

n/a

Various

 

n/a

BBP4161W1093

 

Additional Tier 1 (AT1) Instruments

Entity

Instrument

Maturity date

Coupon rate

Year issued

Currency

Par value

CUSIP

Terms and conditions

CIBC

CIBC Preferred shares Series 39 (NVCC)Opens a new window in your browser.

n.a.

3.713%1View terms and conditions

2014

CAD

25

136069440

Series 39 Prospectus (PDF, 350 KB) Opens a new window in your browser.

CIBC

CIBC Preferred shares Series 41 (NVCC)Opens a new window in your browser.

n.a.

3.909%2View terms and conditions

2014

CAD

25

136069424

Series 41 Prospectus (PDF, 380 KB) Opens a new window in your browser.

CIBC

CIBC Preferred shares Series 43 (NVCC)Opens a new window in your browser.

n.a.

3.143%3View terms and conditions.

2015

CAD

25

136069390

Series 43 Prospectus (PDF, 265 KB) Opens a new window in your browser.

CIBC

CIBC Preferred shares Series 47 (NVCC) Opens in a new window.

n.a.

5.878%4

2018

CAD

25

136070877

Series 47 Prospectus (PDF, 475 KB) Opens a new window in your browser.

CIBC

CIBC Preferred shares Series 49 (NVCC)

n.a.

5.200%

2019

CAD

25

136070794

Series 49 Prospectus (PDF, 480 KB) Opens a new window in your browser.

CIBC

CIBC Preferred shares Series 51 (NVCC)Opens a new window in your browser.

n.a.

5.150%

2019

CAD

25

13607G799

Series 51 Prospectus (PDF, 435 KB) Opens a new window in your browser.

CIBC

CIBC Preferred shares Series 56 (NVCC) Opens in a new window.

n.a.

7.365%

2022

CAD

1,000

13607H8Z8

Series 56 Prospectus (PDF, 905 KB) Opens in a new window. 

CIBC

Limited Recourse Capital Notes Series 1 (NVCC)Opens a new window.

October 28, 2080

4.375%

2020

CAD

1,000

13607HCD2

Limited Recourse Capital Notes Series 1 ProspectusOpens a new window.

CIBC

Limited Recourse Capital Notes Series 2 (NVCC) Opens in a new window.

January 28, 2082

4.000%

2021

CAD

1,000

13607HXC1

Limited Recourse Capital Notes Series 2 Prospectus (PDF, 450 KB)  Opens in a new window.

CIBC

Limited Recourse Capital Notes Series 3 (NVCC) Opens in a new window.

July 28, 2082

7.150%

2022

CAD

1,000

13607H3D2

Limited Recourse Capital Notes Series 3 Prospectus Opens in a new window.(PDF, 615 KB) Opens in a new window. 

Tier 2 Capital Instruments

Entity

Instrument

Maturity date

Coupon rate

Year issued

Currency

Outstanding Amount ($ millions)

CUSIP

Terms and conditions

CIBC

Subordinated debenture (NVCC)

June 19, 2029 2.95% 2019 CAD 1,500 13607GCJ1 Prospectus Supplement (PDF, 265 KB) Opens in a new window.
CIBC Subordinated debenture (NVCC) July 21, 2030 2.01% 2020 CAD 1,000 13607HBC5 Prospectus Supplement Opens in a new window.

CIBC

Subordinated debenture (NVCC)

April 21, 2031

1.96%

2021

CAD

1,000

13607HRJ3

Prospectus Supplement (PDF, 515 KB)  Opens in a new window.

CIBC

Subordinated debenture (NVCC)

April 7, 2032

4.20%

2022

CAD

1,000

13607HR79

Prospectus Supplement (PDF, 395 KB) Opens in a new window.

CIBC

Subordinated debenture (NVCC)

January 20, 2033

5.33%

2023

CAD

1,000

13607LGL1

Prospectus Supplement (PDF, 645 KB) Opens in a new window.

CIBC

Subordinated debenture (NVCC)

April 20, 2033

5.35%

2023

CAD

750

13607LKJ1

Prospectus Supplement (PDF, 595 KB) Opens in a new window.

CIBC

Subordinated debenture (NVCC)

January 16, 2034

5.30%

2024

CAD

1,250

13607LYA5

Prospectus Supplement (PDF, 680 KB) Opens in a new window.