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medium term note CIBC (TSX:CM) said Tuesday it plans to raise $1.15billion in two tranches of medium term notes, one with a 10-yearfinal maturity and the other with a 15-year final maturity. The bank said the 10-year notes will pay interest at 5.15 per centper year semi-annually until June 6, 2013, and then if not redeemedby CIBC, at the three-month bankers' acceptance rate plus 2.30 percent per year quarterly until maturity on June 6, 2018. The 15-year notes will bear an annual interest rate of six per centpaid semi-annually until June 6, 2018, and then if not redeemed, atthe three-month bankers' acceptance rate plus 2.50 per year paidquarterly until maturity on June 6, 2023.