Government of Canada considering issuing more ultra-long bonds

The Government of Canada announced today that it is considering issuing more ultra-long bonds in the near future, subject to favourable market conditions. This potential issuance would be accomplished through a reopening of the 2.75% 1 December 2064 bond via a modified auction format.

All interested parties are invited to consult the following documents:

• Standard Terms for Auctions of Government of Canada Ultra Long Bonds
• Overview of the Ultra Long Terms
• Application for Ultra Long Bonds Bidder Identification Number

For further information, please contact:

Director
Funds Management and Banking Department
Bank of Canada
613 782-7913

Chief
Funds Management Division
Department of Finance
613 369-3898

Media:

Bank of Canada
613 782-8782