Archived - Dept Management Report 2006-2007 : 2

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Reference Table I
Gross Public Debt, Outstanding Market Debt and Debt Charges

Fiscal year	Market debt	Market debt value adjustment	Accounts payable and accrued liabilities	Pension and other liabilities	Gross debt	Financial assets	Net debt	Non- financial assets	Accumulated deficit	Gross public debt charges	Fixed-rate portion of interest- bearing debt1
	($ billions)										(%)
	+	+	+	=	-	=	-	=
1986–87	228.6	-0.4	42.1	84.7	355.0	73.2	281.8	24.2	257.7	28.7	50.9
1987–88	250.8	-0.9	47.2	90.9	388.0	75.0	313.0	26.3	286.7	31.2	51.2
1988–89	276.3	-2.2	50.2	97.1	421.4	77.9	343.6	29.0	314.6	35.5	49.6
1989–90	294.6	-2.9	53.2	104.5	449.3	74.5	374.8	31.0	343.8	41.2	49.9
1990–91	323.9	-3.2	54.9	112.1	487.7	76.6	411.1	33.4	377.7	45.0	50.4
1991–92	351.9	-2.2	56.1	118.5	524.2	78.5	445.7	35.8	410.0	43.9	50.7
1992–93	382.7	-3.0	58.4	125.1	563.2	76.0	487.2	38.2	449.0	41.3	50.4
1993–94	414.0	-1.8	63.7	131.4	607.3	79.3	527.9	40.4	487.5	40.1	53.3
1994–95	441.0	-3.4	71.3	139.8	648.7	81.2	567.5	43.3	524.2	44.2	55.1
1995–96	469.5	-1.7	74.9	148.5	691.3	92.7	598.6	44.4	554.2	49.4	56.9
1996–97	476.9	0.3	75.9	156.3	709.4	100.4	609.0	46.1	562.9	47.3	61.7
1997–98	466.8	1.4	81.7	160.9	710.8	103.6	607.2	47.2	559.9	43.1	63.7
1998–99	457.7	2.6	83.7	168.2	712.2	109.3	602.9	48.7	554.1	43.3	64.5
1999–00	454.2	-0.2	83.9	175.8	713.6	123.5	590.1	50.2	539.9	43.4	66.5
2000–01	444.9	1.3	88.5	179.0	713.6	141.9	571.7	51.7	520.0	43.9	67.8
2001–02	440.9	0.9	83.2	177.9	703.0	137.7	565.3	53.4	511.9	39.7	67.4
2002–03	438.6	-1.1	83.2	178.3	699.0	139.5	559.6	54.2	505.3	37.3	65.8
2003–04	436.5	-2.5	85.2	180.9	700.1	149.1	551.0	54.8	496.2	35.8	63.8
2004–05	431.8	-4.3	97.7	179.8	705.0	155.4	549.6	54.9	494.7	34.1	63.1
2005–06	427.3	-6.1	101.4	179.9	702.5	165.6	536.9	55.4	481.5	33.7	62.5
2006–07	418.8	-4.7	106.5	185.1	705.8	181.9	523.9	56.6	467.3	33.9	61.9
1 Calculation methodology may vary slightly from year to year. The definition of interest-bearing debt changed slightly in 2002–03 to reflect the adoption of the full accrual basis of accounting.

Reference Table II
Government of Canada Outstanding Market Debt

	Payable in Canadian dollars					Payable in foreign currencies
Fiscal year	Treasury bills	Marketable bonds	Retail debt	CPP bonds	Total	Canada bills	Marketable bonds	Canada notes	Euro Medium- Term Notes	Term loans	Total	Less: Government’s own holdings	Total market debt	Average interest rate
	($ billions)													(%)
1986–87	77.0	94.4	44.3	1.8	217.5	1.0	8.9	0.0	0.0	2.0	12.0	-0.9	228.6	9.3
1987–88	81.1	103.9	53.3	2.5	240.8	1.0	7.9	0.0	0.0	2.3	11.2	-1.2	250.8	9.6
1988–89	102.7	115.7	47.8	3.0	269.2	1.1	6.3	0.0	0.0	0.9	8.3	-1.2	276.3	10.8
1989–90	118.6	127.7	40.9	3.1	290.2	1.4	4.3	0.0	0.0	0.0	5.7	-1.3	294.6	11.2
1990–91	139.2	143.6	34.4	3.5	320.7	1.0	3.6	0.0	0.0	0.0	4.6	-1.3	323.9	10.7
1991–92	152.3	158.1	35.6	3.5	349.5	0.0	3.4	0.0	0.0	0.0	3.4	-1.0	351.9	8.9
1992–93	162.1	178.5	34.4	3.5	378.4	2.6	2.8	0.0	0.0	0.0	5.4	-1.1	382.7	7.9
1993–94	166.0	203.4	31.3	3.5	404.3	5.6	5.0	0.0	0.0	0.0	10.7	-1.0	414.0	6.8
1994–95	164.5	225.7	31.4	3.5	425.1	9.0	7.9	0.0	0.0	0.0	16.9	-1.0	441.0	8.0
1995–96	166.1	252.8	31.4	3.5	453.8	7.0	9.5	0.3	0.0	0.0	16.8	-1.0	469.5	7.3
1996–97	135.4	282.6	33.5	3.5	454.9	8.4	12.5	2.1	0.0	0.0	23.0	-1.1	476.8	6.7
1997–98	112.3	294.6	30.5	3.5	440.8	9.4	14.6	1.7	1.5	0.0	27.1	-1.2	466.8	6.6
1998–99	97.0	295.8	28.2	4.1	425.0	10.2	19.7	1.3	4.9	0.0	36.0	-3.3	457.7	6.7
1999–00	99.9	294.4	26.9	3.6	424.7	6.0	21.4	1.1	4.1	0.0	32.6	-3.1	454.2	6.2
2000–01	88.7	295.5	26.4	3.5	414.1	7.2	21.2	1.6	3.7	0.0	33.7	-2.9	444.9	6.1
2001–02	94.2	294.9	24.0	3.4	416.5	3.4	19.8	1.2	3.2	0.0	27.6	-3.1	440.9	5.6
2002–03	104.6	289.2	22.6	3.4	419.8	2.6	14.5	1.2	3.3	0.0	21.6	-2.7	438.6	5.3
2003–04	113.4	279.0	21.3	3.4	417.1	3.4	13.2	1.3	3.0	0.0	20.9	-1.5	436.5	4.9
2004–05	127.2	266.7	19.1	3.4	416.3	3.9	9.9	1.1	1.7	0.0	16.6	-1.1	431.8	4.6
2005–06	131.6	261.9	17.3	3.1	413.9	4.7	7.6	0.5	1.5	0.0	14.3	-1.0	427.3	4.7
2006–07	134.1	257.9	15.2	1.7	408.9	1.8	6.7	0.5	1.6	0.0	10.6	-0.7	418.8	4.9
Source: Public Accounts of Canada.

Reference Table III
Average Weekly Domestic Market Trading in Government of Canada Securities, April 2006 to March 2007

		Marketable bonds
	Treasury bills	3 years and under	3 to 10 years	Over 10 years	Real Return Bonds	Total marketable bonds	Total
	($ millions)
April 2006	21,358	38,635	68,967	12,299	308	120,209	141,567
May 2006	20,126	42,028	83,001	14,461	446	139,936	160,062
June 2006	24,524	45,727	84,647	10,485	365	141,224	165,748
July 2006	20,519	35,305	51,550	8,691	364	95,910	116,429
August 2006	19,022	30,258	56,873	5,809	326	93,266	112,288
September 2006	21,154	44,194	52,516	9,234	624	106,568	127,722
October 2006	21,969	36,020	51,069	9,703	409	97,201	119,170
November 2006	22,055	34,362	48,349	9,240	710	92,661	114,716
December 2006	25,228	35,731	60,333	11,453	523	108,040	133,268
January 2007	17,638	34,064	52,883	12,265	683	99,895	117,533
February 2007	21,523	34,421	57,695	14,385	634	107,135	128,658
March 2007	24,044	41,723	68,768	11,859	731	123,081	147,125
Source: Bank of Canada.

Reference Table IV
Fiscal 2006–07 Treasury Bill Program

		Maturing					New issues					Net increment			Average tender yields
Settlement date		CMB1	3 mo	6 mo	12 mo	Total	CMB1	3 mo	6 mo	12 mo	Total	Total	Cumulative	O/S2	CMB1	3 mo	6 mo	12 mo
	($ millions)														(%)
April 3, 2006		2,700				2,700					0	-2,700	-2,700	128,900
April 4, 2006		3,000				3,000					0	-3,000	-5,700	125,900
April 5, 2006		3,900				3,900					0	-3,900	-9,600	122,000
April 6, 2006		5,000	4,700	3,700		13,400		5,300	2,100	2,100	9,500	-3,900	-13,500	118,100		3.90	4.00	4.10
April 20, 2006			4,100		3,800	7,900	1,400	4,700	1,900	1,900	9,900	2,000	-11,500	120,100	3.80	3.97	4.08	4.18
April 26, 2006						0	1,000				1,000	1,000	-10,500	121,100	3.88
May 1, 2006		1,000				1,000					0	-1,000	-11,500	120,100
May 2, 2006		1,400				1,400					0	-1,400	-12,900	118,700
May 4, 2006			4,100	4,700		8,800		4,100	1,700	1,700	7,500	-1,300	-14,200	117,400		4.10	4.16	4.26
May 18, 2006			4,100		4,400	8,500	1,500	4,100	1,700	1,700	9,000	500	-13,700	117,900	4.01	4.10	4.14	4.24
May 25, 2006						0	3,000				3,000	3,000	-10,700	120,900	4.17
May 29, 2006						0		3,000			3,000	3,000	-7,700	123,900	4.20
June 1, 2006			5,900	4,800		10,700	1,000	5,300	2,100	2,100	10,500	-200	-7,900	123,700	4.24	4.17	4.20	4.28
June 5, 2006		4,000				4,000					0	-4,000	-11,900	119,700
June 13, 2006		1,500				1,500					0	-1,500	-13,400	118,200
June 15, 2006			6,500		4,300	10,800	2,500	5,000	2,000	2,000	11,500	700	-12,700	118,900	4.12	4.21	4.31	4.41
June 16, 2006		3,000				3,000					0	-3,000	-15,700	115,900
June 20, 2006						0	3,000				3,000	3,000	-12,700	118,900	4.21
June 28, 2006						0	2,500				2,500	2,500	-10,200	121,400	4.25
June 29, 2006			6,800	3,600		10,400		6,200	2,400	2,400	11,000	600	-9,600	122,000		4.30	4.44	4.55
July 4, 2006		3,000				3,000					0	-3,000	-12,600	119,000
July 6, 2006		2,500				2,500					0	-2,500	-15,100	116,500
July 7, 2006		2,500				2,500					0	-2,500	-17,600	114,000
July 13, 2006			5,300		4,600	9,900		5,000	2,000	2,000	9,000	-900	-18,500	113,100		4.21	4.30	4.38
July 17, 2006						0	2,200				2,200	2,200	-16,300	115,300	4.09
July 19, 2006						0	2,500				2,500	2,500	-13,800	117,800	4.22
July 27, 2006			4,700	3,400		8,100	1,800	5,000	2,000	2,000	10,800	2,700	-11,100	120,500	4.24	4.16	4.24	4.34
Aug. 1, 2006		2,200				2,200					0	-2,200	-13,300	118,300
Aug. 2, 2006		1,800				1,800					0	-1,800	-15,100	116,500
Aug. 3, 2006		2,500				2,500					0	-2,500	-17,600	114,000
Aug. 10, 2006			4,100		4,200	8,300		4,100	1,700	1,700	7,500	-800	-18,400	113,200		4.16	4.24	4.32
Aug. 18, 2006						0	1,000				1,000	1,000	-17,400	114,200	4.14
Aug. 24, 2006			4,100	4,800		8,900	2,500	4,400	1,800	1,800	10,500	1,600	-15,800	115,800	4.14	4.13	4.20	4.27
Aug. 29, 2006						0	2,000				2,000	2,000	-13,800	117,800	4.16
Sept. 5, 2006		1,000				1,000					0	-1,000	-14,800	116,800
Sept. 7, 2006		2,500	5,300		4,300	12,100		5,600	2,200	2,200	10,000	-2,100	-16,900	114,700		4.14	4.18	4.19
Sept. 21, 2006			5,000	4,700		9,700		6,200	2,400	2,400	11,000	1,300	-15,600	116,000		4.17	4.16	4.17
Sept. 25, 2006						0	2,500				2,500	2,500	-13,100	118,500	4.20

Reference Table IV (cont’d)
Fiscal 2006–07 Treasury Bill Program

		Maturing					New issues					Net increment			Average tender yields
Settlement date		CMB1	3 mo	6 mo	12 mo	Total	CMB1	3 mo	6 mo	12 mo	Total	Total	Cumulative	O/S2	CMB1	3 mo	6 mo	12 mo
	($ millions)														(%)
Sept. 27, 2006						0	2,500				2,500	2,500	-10,600	121,000	4.22
Oct. 2, 2006		2,500				2,500					0	-2,500	-13,100	118,500
Oct. 5, 2006		2,000	6,200		3,700	11,900		6,200	2,400	2,400	11,000	-900	-14,000	117,600		4.16	4.14	4.11
Oct. 19, 2006		2,500	5,000	3,600		11,100		5,000	2,000	2,000	9,000	-2,100	-16,100	115,500		4.16	4.18	4.17
Oct. 23, 2006						0	1,700				1,700	1,700	-14,400	117,200	4.18
Oct. 27, 2006						0	2,500				2,500	2,500	-11,900	119,700	4.19
Nov. 2, 2006		2,500	5,000		4,700	12,200		5,900	2,300	2,300	10,500	-1,700	-13,600	118,000		4.17	4.18	4.17
Nov. 3, 2006		1,700				1,700					0	-1,700	-15,300	116,300
Nov. 16, 2006			4,100	3,800		7,900		6,800	2,600	2,600	12,000	4,100	-11,200	120,400		4.18	4.18	4.14
Nov. 23, 2006						0	2,500				2,500	2,500	-8,700	122,900	4.20
Nov. 28, 2006						0	2,200				2,200	2,200	-6,500	125,100	4.25
Nov. 30, 2006			4,400		4,800	9,200		6,800	2,600	2,600	12,000	2,800	-3,700	127,900		4.18	4.17	4.10
Dec. 1, 2006						0	500				500	500	-3,200	128,400	4.23
Dec. 4, 2006		500				500					0	-500	-3,700	127,900
Dec. 5, 2006		2,500				2,500					0	-2,500	-6,200	125,400
Dec. 7, 2006		2,200				2,200					0	-2,200	-8,400	123,200
Dec. 8, 2006						0	1,500				1,500	1,500	-6,900	124,700	4.22
Dec. 14, 2006			5,600	4,400		10,000		5,300	2,100	2,100	9,500	-500	-7,400	124,200		4.18	4.18	4.11
Dec. 20, 2006						0	2,800				2,800	2,800	-4,600	127,000	4.22
Dec. 28, 2006			6,200		3,600	9,800		4,100	1,700	1,700	7,500	-2,300	-6,900	124,700		4.16	4.17	4.15
Jan. 3, 2007		2,800				2,800					0	-2,800	-9,700	121,900
Jan. 4, 2007		1,500				1,500					0	-1,500	-11,200	120,400
Jan. 11, 2007			6,200	4,000		10,200		3,800	1,600	1,600	7,000	-3,200	-14,400	117,200		4.17	4.18	4.18
Jan. 22, 2007						0	1,000				1,000	1,000	-13,400	118,200	4.22
Jan. 25, 2007			5,000		3,400	8,400		4,400	1,800	1,800	8,000	-400	-13,800	117,800		4.16	4.18	4.19
Jan. 29, 2007						0	1,200				1,200	1,200	-12,600	119,000	4.22
Feb. 1, 2007		1,200				1,200					0	-1,200	-13,800	117,800
Feb. 2, 2007		1,000				1,000					0	-1,000	-14,800	116,800
Feb. 8, 2007			5,900	3,500		9,400		4,700	1,900	1,900	8,500	-900	-15,700	115,900		4.17	4.20	4.23
Feb. 20, 2007						0	2,800				2,800	2,800	-12,900	118,700	4.21
Feb. 22, 2007			6,800		4,800	11,600	2,800	6,500	2,500	2,500	14,300	2,700	-10,200	121,400	4.24	4.18	4.21	4.23
Feb. 26, 2007						0	2,600				2,600	2,600	-7,600	124,000	4.24
March 8, 2007			6,800	4,600		11,400		7,100	2,700	2,700	12,500	1,100	-6,500	125,100		4.19	4.18	4.13
March 20, 2007						0	2,000				2,000	2,000	-4,500	127,100	4.19
March 22, 2007			5,300		4,700	10,000	2,000	6,200	2,400	2,400	13,000	3,000	-1,500	130,100	4.22	4.17	4.19	4.17
March 28, 2007						0	2,600				2,600	2,600	1,100	132,700	4.25
March 30, 2007						0	1,400				1,400	1,400	2,500	134,100	4.27
Total		66,400	137,200	53,600	55,300	312,500	68,000	137,800	54,600	54,600	315,000	2,500
1 Cash management bill. 2 Outstanding. Source: Bank of Canada.

Reference Table V
Fiscal 2006–07 Treasury Bill Auction Results

Auction date	Term	Issue amount	Average price	Average yield	Bid coverage	Tail	Auction date	Term	Issue amount	Average price	Average yield	Bid coverage	Tail
	(months)	($ millions)	($)	(%)		(basis points)		(months)	($ millions)	($)	(%)		(basis points)
April 4, 2006	12	2,100	96.215	4.103	2.297	0.4	July 11, 2006	3	5,000	98.883	4.208	2.336	0.9
April 4, 2006	3	5,300	98.965	3.896	2.630	0.3	July 11, 2006	6	2,000	97.902	4.297	2.353	0.4
April 4, 2006	6	2,100	98.193	3.999	2.695	0.3	July 14, 2006	NF	2,200	99.832	4.088	2.904	5.2
April 18, 2006	12	1,900	95.995	4.184	2.647	0.2	July 18, 2006	NF	2,500	99.827	4.216	2.705	1.4
April 18, 2006	3	4,700	98.944	3.974	2.401	0.4	July 25, 2006	12	2,000	96.006	4.339	2.139	0.5
April 18, 2006	6	1,900	98.006	4.080	2.567	0.4	July 25, 2006	3	5,000	98.896	4.157	2.165	0.7
April 20, 2006	NF1	1,400	99.875	3.796	3.248	1.1	July 25, 2006	6	2,000	98.084	4.244	2.056	0.7
April 25, 2006	NF	1,000	99.947	3.880	3.863	3.0	July 27, 2006	NF	1,800	99.930	4.245	2.563	0.8
May 2, 2006	12	1,700	96.077	4.258	2.441	0.7	Aug. 8, 2006	12	1,700	95.874	4.315	2.219	0.9
May 2, 2006	3	4,100	98.910	4.105	2.572	0.2	Aug. 8, 2006	3	4,100	98.895	4.161	2.203	0.3
May 2, 2006	6	1,700	98.123	4.156	2.485	0.4	Aug. 8, 2006	6	1,700	97.929	4.242	2.256	1.3
May 16, 2006	12	1,700	95.945	4.238	2.500	0.5	Aug. 17, 2006	NF	1,000	99.796	4.141	3.402	1.9
May 16, 2006	3	4,100	98.912	4.098	2.501	0.6	Aug. 22, 2006	12	1,800	96.066	4.271	2.403	0.5
May 16, 2006	6	1,700	97.976	4.143	2.368	0.6	Aug. 22, 2006	3	4,400	98.904	4.129	2.297	0.3
May 17, 2006	NF	1,500	99.715	4.012	3.042	1.6	Aug. 22, 2006	6	1,800	98.104	4.200	2.356	1.2
May 25, 2006	NF	3,000	99.874	4.174	2.104	1.6	Aug. 24, 2006	CMB2	2,500	99.841	4.143	1.450	2.7
May 29, 2006	NF	3,000	99.793	4.198	1.913	1.7	Aug. 28, 2006	CMB	2,000	99.580	4.162	2.057	1.8
May 30, 2006	12	2,100	96.059	4.278	2.189	0.6	Sept. 5, 2006	12	2,200	95.990	4.189	2.488	0.4
May 30, 2006	3	5,300	98.891	4.175	2.450	0.2	Sept. 5, 2006	3	5,600	98.900	4.142	2.177	0.5
May 30, 2006	6	2,100	98.102	4.203	2.160	1.0	Sept. 5, 2006	6	2,200	97.958	4.180	2.107	0.5
June 1, 2006	NF	1,000	99.954	4.240	2.313	1.0	Sept. 19, 2006	12	2,400	96.153	4.172	2.225	0.6
June 13, 2006	12	2,000	95.788	4.409	2.228	0.6	Sept. 19, 2006	3	6,200	98.894	4.165	2.047	0.6
June 13, 2006	3	5,000	98.882	4.212	2.254	0.5	Sept. 19, 2006	6	2,400	98.120	4.163	2.103	0.8
June 13, 2006	6	2,000	97.897	4.309	2.251	0.8	Sept. 25, 2006	NF	2,500	99.920	4.200	2.775	3.0
June 15, 2006	NF	2,500	99.752	4.117	2.392	2.1	Sept. 27, 2006	CMB	2,500	99.746	4.223	2.069	1.1
June 19, 2006	NF	3,000	99.839	4.205	1.138	4.4	Oct. 3, 2006	12	2,400	96.060	4.113	2.221	0.4
June 27, 2006	12	2,400	95.817	4.553	2.053	1.0	Oct. 3, 2006	3	6,200	98.896	4.158	2.059	0.5
June 27, 2006	3	6,200	98.859	4.300	2.040	0.6	Oct. 3, 2006	6	2,400	97.979	4.137	2.114	0.8
June 27, 2006	6	2,400	97.997	4.441	2.353	0.5	Oct. 17, 2006	12	2,000	96.152	4.173	2.132	0.4
June 28, 2006	NF	2,500	99.907	4.248	2.647	1.2	Oct. 17, 2006	3	5,000	98.896	4.156	2.015	0.4
July 11, 2006	12	2,000	95.814	4.381	2.004	0.4	Oct. 17, 2006	6	2,000	98.113	4.179	2.111	0.5

Reference Table V (cont’d)
Fiscal 2006–07 Treasury Bill Auction Results

Auction date	Term	Issue amount	Average price	Average yield	Bid coverage	Tail	Auction date	Term	Issue amount	Average price	Average yield	Bid coverage	Tail
	(months)	($ millions)	($)	(%)		(basis points)		(months)	($ millions)	($)	(%)		(basis points)
Oct. 23, 2006	NF	1,700	99.874	4.179	4.531	2.1	Jan. 22, 2007	NF	1,000	99.873	4.215	3.468	1.5
Oct. 27, 2006	CMB	2,500	99.931	4.193	2.051	1.7	Jan. 23, 2007	12	1,800	95.989	4.190	2.038	0.5
Oct. 31, 2006	12	2,300	96.006	4.172	2.175	0.2	Jan. 23, 2007	3	4,400	98.896	4.156	1.992	0.4
Oct. 31, 2006	3	5,900	98.893	4.169	2.000	0.4	Jan. 23, 2007	6	1,800	97.957	4.182	2.206	0.6
Oct. 31, 2006	6	2,300	97.957	4.183	2.107	0.7	Jan. 29, 2007	NF	1,200	99.965	4.218	2.625	2.6
Nov. 14, 2006	12	2,600	96.179	4.143	2.109	0.7	Feb. 6, 2007	12	1,900	96.101	4.231	2.185	0.3
Nov. 14, 2006	3	6,800	98.890	4.179	2.237	0.4	Feb. 6, 2007	3	4,700	98.893	4.169	2.291	0.3
Nov. 14, 2006	6	2,600	98.113	4.179	2.055	0.5	Feb. 6, 2007	6	1,900	98.102	4.203	2.273	0.3
Nov. 23, 2006	NF	2,500	99.862	4.203	3.050	1.7	Feb. 19, 2007	CMB	2,800	99.495	4.211	1.948	1.9
Nov. 27, 2006	NF	2,200	99.895	4.252	2.975	0.8	Feb. 20, 2007	12	2,500	95.950	4.233	2.072	0.5
Nov. 28, 2006	12	2,600	96.067	4.105	2.153	0.5	Feb. 20, 2007	3	6,500	98.889	4.184	1.926	0.6
Nov. 28, 2006	3	6,800	98.891	4.177	2.149	0.4	Feb. 20, 2007	6	2,500	97.942	4.213	2.149	0.2
Nov. 28, 2006	6	2,600	97.965	4.167	2.244	0.7	Feb. 22, 2007	CMB	2,800	99.515	4.235	2.183	1.0
Dec. 1, 2006	NF	500	99.965	4.234	2.300	3.2	Feb. 26, 2007	NF	2,600	99.595	4.239	3.033	1.1
Dec. 8, 2006	NF	1,500	99.689	4.220	3.369	2.7	March 6, 2007	12	2,700	96.192	4.128	2.232	0.7
Dec. 12, 2006	12	2,100	96.210	4.108	2.443	0.2	March 6, 2007	3	7,100	98.888	4.189	2.143	0.5
Dec. 12, 2006	3	5,300	98.891	4.177	2.244	0.3	March 6, 2007	6	2,700	98.113	4.178	1.937	0.7
Dec. 12, 2006	6	2,100	98.112	4.181	2.322	0.4	March 19, 2007	NF	2,000	99.840	4.188	3.579	1.2
Dec. 20, 2006	NF	2,800	99.838	4.223	2.813	2.2	March 20, 2007	12	2,400	96.007	4.170	1.969	0.6
Dec. 27, 2006	12	1,700	96.029	4.147	2.343	0.3	March 20, 2007	3	6,200	98.892	4.173	2.239	0.4
Dec. 27, 2006	3	4,100	98.895	4.161	2.149	0.4	March 20, 2007	6	2,400	97.951	4.195	2.210	0.5
Dec. 27, 2006	6	1,700	97.962	4.172	2.351	0.3	March 22, 2007	NF	2,000	99.861	4.222	3.212	0.8
Jan. 9, 2007	12	1,600	96.150	4.176	2.521	0.3	March 28, 2007	NF	2,600	99.919	4.247	1.572	1.3
Jan. 9, 2007	3	3,800	98.894	4.167	2.241	0.1	March 30, 2007	NF	1,400	99.942	4.268	1.790	1.2
Jan. 9, 2007	6	1,600	98.112	4.180	2.426	0.5
							Total		315,000
Note: Coverage is defined as the ratio of total bids at auction to the amount auctioned. Tail is defined as the high accepted yield minus the average yield. 1 Non-fungible cash management bill. 2 Cash management bill. Source: Bank of Canada.

Reference Table VI
Issuance of Government of Canada Domestic Bonds

	Gross issuance								Buybacks
	Nominal1						RRB	Total	Cash	Switch	Total	Net issuance
Fiscal year	2-year	3-year	5-year	10-year	30-year	Total	30-year
	($ billions)
1995–96	11.1	5.1	17.0	10.5	5.0	48.7	1.0	49.7				49.7
1996–97	12.0	11.1	13.3	11.8	5.8	54.0	1.7	55.7				55.7
1997–98	14.0		9.9	9.3	5.0	38.2	1.7	39.9				39.9
1998–99	14.0		9.8	9.2	3.3	36.3	1.6	37.9				37.9
1999–00	14.2		14.0	12.9	3.7	44.8	1.3	46.0	-2.7	0.0	-2.7	43.3
2000–01	14.1		10.5	10.1	3.8	38.5	1.4	39.9	-2.8	0.0	-2.8	37.1
2001–02	14.0		10.0	9.9	6.3	40.2	1.4	41.6	-5.3	-0.4	-5.6	35.9
2002–03	13.9		11.0	12.6	4.8	42.3	1.4	43.7	-7.1	-5.0	-12.1	31.6
2003–04	13.0		10.7	11.5	4.2	39.4	1.4	40.8	-5.2	-5.0	-10.2	30.7
2004–05	12.0		9.6	10.6	3.3	35.5	1.4	36.9	-6.8	-4.7	-11.4	25.5
2005–06	10.0		9.2	10.0	3.2	32.4	1.5	33.9	-5.3	-3.3	-8.6	25.3
2006–07	10.3		7.8	10.4	3.3	31.8	1.6	33.4	-5.1	-4.7	-9.8	23.6
1 Including nominal issuance through switch buyback operations.

Reference Table VII
Fiscal 2006–07 Domestic Bond Program

Offering date	Delivery date	Maturity date	Maturing	Gross	Bond repurchase	Net
				($ millions)
Fixed-coupon bonds
2006	2006
April 19, 2006	April 24, 2006	June 1, 2016		2,300	600	1,700
April 26, 2006	May 1, 2006	June 1, 2037		300	320	-20
May 17, 2006	May 23, 2006	September 1, 2011		2,100	600	1,500
	June 1, 2006	*	4,833			-4,833
June 7, 2006	June 12, 2006	June 1, 2016		400	457	-57
June 14, 2006	June 16, 2006	December 1, 2008		3,400	600	2,800
June 21, 2006	June 27, 2006	September 1, 2011		500	537	-37
July 6, 2006	July 10, 2006	December 1, 2008		500	546	-46
July 19, 2006	July 24, 2006	June 1, 2037		1,300	180	1,120
July 26, 2006	July 31, 2006	September 1, 2011		500	563	-63
August 2, 2006	August 8, 2006	June 1, 2016		2,300	500	1,800
August 16, 2006	August 21, 2006	September 1, 2011		2,100	490	1,610
August 30, 2006	September 1, 2006	December 1, 2008		3,400	475	2,925
	September 1, 2006	*	5,144			-5,144
September 14, 2006	September 19, 2006	June 1, 2016		400	504	-104
	October 2, 2006	*	768			-768
October 11, 2006	October 16, 2006	June 1, 2017		2,300	300	2,000
October 26, 2006	October 31, 2006	June 1, 2037		300	323	-23
November 1, 2006	November 6, 2006	June 1, 2012		2,000	400	1,600
November 15, 2006	November 17, 2006	June 1, 2009		2,400	400	2,000
November 22, 2006	November 27, 2006	June 1, 2017		244	240	4
	December 1, 2006	*	8,652			-8,652
December 6, 2006	December 11, 2006	June 1, 2012		300	342	-42
December 14, 2006	December 18, 2006	June 1, 2009		300	163	137
January 10, 2007	January 15, 2007	June 1, 2037		1,400	300	1,100
January 24, 2007	January 29, 2007	June 1, 2017		2,300	300	2,000
February 14, 2007	February 19, 2007	June 1, 2012		300	347	-47
	March 1, 2007	*	193			-193
March 7, 2007	March 9, 2007	June 1, 2009		300	246	54
March 14, 2007	March 19, 2007	June 1, 2017		163	162	1
Real Return
May 31, 2006	June 5, 2006	December 1, 2036		450		450
September 27, 2006	October 2, 2006	December 1, 2036		300		300
November 29, 2006	December 4, 2006	December 1, 2036		450		450
February 28, 2007	March 5, 2007	December 1, 2036		400		400
Totals for fiscal year			19,590	33,407	9,895	3,922
* Maturing date. Source: Bank of Canada.

Reference Table VIII
Fiscal 2006–07 Domestic Bond Auction Results

Auction date	Term	Maturity date	Coupon rate	Issue amount	Average price	Average yield	Auction coverage	Tail
	(years)		(%)	($ millions)	($)	(%)		(basis points)
April 19, 2006	10	June 1, 2016	4.00	2,300	96.130	4.480	2.64	0.4
May 17, 2006	5	September 1, 2011	3.75	2,100	97.318	4.323	2.68	0.3
May 31, 2006	30	December 1, 2036	3.00*	450	127.138	1.834	2.33
June 14, 2006	2	December 1, 2008	4.25	3,400	99.985	4.257	2.68	0.2
July 19, 2006	30	June 1, 2037	5.00	1,300	108.361	4.496	2.74	0.2
August 2, 2006	10	June 1, 2016	4.00	2,300	97.254	4.346	2.65	0.3
August 16, 2006	5	September 1, 2011	3.75	2,100	98.062	4.181	2.83	0.2
August 30, 2006	2	December 1, 2008	4.25	3,400	100.471	4.027	2.61	0.2
September 27, 2006	30	December 1, 2036	3.00*	300	130.911	1.688	3.30
October 11, 2006	10	June 1, 2017	4.00	2,300	98.734	4.149	2.55	0.2
November 1, 2006	5	June 1, 2012	3.75	2,000	99.208	3.910	2.78	0.2
November 15, 2006	2	June 1, 2009	3.75	2,400	99.535	3.945	2.56	0.1
November 29, 2006	30	December 1, 2036	3.00*	450	132.116	1.640	2.37
January 10, 2007	30	June 1, 2037	5.00	1,400	115.549	4.100	2.56	0.2
January 24, 2007	10	June 1, 2017	4.00	2,300	98.431	4.188	2.62	0.1
February 28, 2007	30	December 1, 2036	3.00*	400	129.456	1.729	3.07
Total				28,900
Note: Coverage is defined as the ratio of total bids at auction to the amount auctioned. Tail is defined as the high accepted yield minus the average yield. Does not include nominal issuance resulting from switch buyback operations. * Real Return Bonds. Source: Bank of Canada.

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