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February 18, 2003

Government of Canada Debt Programs - Follow up to Change in Debt Structure Announced in 2003 Budget

As announced in the 2003 Budget, the Government will gradually reduce the fixed-rate portion of the debt from two-thirds to 60 per cent. The reduction will begin in the upcoming fiscal year and will be implemented in an orderly and transparent manner over the next five years to maintain a well-functioning Government of Canada securities market.
Content Type(s): Press, Market notices
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