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: | 20 November 2014 |
| Settlement Date: | 25 November 2014 |
| Maturity Date: | 1 December 2064 |
| Coupon: | 2.75% |
| Yield: | 2.575% |
| Price: | 104.906 |
| ISIN: | CA135087C939 |
Joint Lead Managers: Desjardins Securities Inc., RBC Dominion Securities Inc., Scotia Capital Inc., and The Toronto-Dominion Bank
Co-Managers: BMO Nesbitt Burns Inc., Casgrain & Company Limited, CIBC World Markets Inc., HSBC Securities (Canada) Inc., Laurentian Bank Securities Inc., Merrill Lynch Canada Inc., and National Bank Financial 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
613 369-3929
Media:
Bank of Canada
613 782-8782