Archived - Canada Bond Issuance Meets Government Goals

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March 11, 2015 – Ottawa, Ontario – Department of Finance

The Department of Finance announced today the successful pricing of a US-dollar global bond.

This was the Government’s fifth foreign currency bond issue in recent years, following a 5-year US$3-billion global bond issuance in 2014, 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 3-year bond issue includes a wide range of central banks, other official institutions and foreign-based investment funds across a diverse geographical area.

Quick Facts

  • The proceeds of the bond of US$3.5 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.

Media Contacts

Melissa Lantsman
Director of Communications
Office of the Minister of Finance
613-369-5696

Stéphanie Rubec
Media Relations
Department of Finance
613-369-4000

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