Government of Canada reopens its ultra-long bond
Today, the Government of Canada announced that it successfully issued $1 billion in 50-year bonds through the syndication process.
Government of Canada 2.75% Bonds due 1 December 2064
Term of Transaction
| Amount: | 1,000,000,000 |
|---|---|
| Pricing Date: | 10 July 2014 |
| Settlement Date: | 15 July 2014 |
| Maturity Date: | 1 December 2064 |
| Coupon: | 2.75% |
| Yield: | 2.764% |
| Price: | 99.619 |
| ISIN: | CA135087C939 |
Joint Lead Managers: BMO Nesbitt Burns Inc., Desjardins Securities Inc., RBC Dominion Securities Inc., and The Toronto-Dominion Bank
Co-Managers: Casgrain & Company Limited, CIBC World Markets Inc., HSBC Securities (Canada) Inc., Laurentian Bank Securities Inc., Merrill Lynch Canada Inc., National Bank Financial Inc., and Scotia Capital Inc.
For further information, please contact:
Assistant Director
Funds Management and Banking Department
Bank of Canada
613 782-7913
Chief
Financial Markets Division
Department of Finance
613 992-6116
Media:
Bank of Canada
613 782-8782