Archived - Global Bond Issuance Meets Government Goals
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February 21, 2014 – Ottawa, Ontario – Department of Finance
The Department of Finance announced today the successful pricing of a US-dollar global bond.
This will be the Government's fourth foreign currency bond issue in recent years, following a 5-year US$3-billion global bond issuance in 2012, a 10-year 2-billion euro global bond issuance in 2010 and a 5-year US$3-billion global bond issuance in 2009.
The investor base for the 5-year bond issue includes a wide range of central banks, other official institutions and foreign-based investment funds across a diverse geographical area.
- The proceeds of the bond of US$3 billion will supplement and diversify Canada’s foreign exchange reserves.
- The bond transaction achieved all of the objectives of the Government, including providing cost-effective and diversified funding for the foreign reserves held in the Exchange Fund Account.
Office of the Minister of Finance
Department of Finance