Archived - Debt Management Report 2005-2006

Note: On Nov. 23, the debt-to-GDP target of 25 per cent was advanced one year to 2012-2013. The announcement was made after this report was printed.

• PDF Version [1,044 KB]

Table of Contents

Foreword by the Minister of Finance

Purpose of This Publication

Introduction

• Highlights
• Debt Strategy Framework

Part I: 2005–2006 Debt Management Context

• The Budgetary Context
• Composition of the Federal Debt

Part II: Report on the 2005–2006 Debt Strategy

• Raising Stable, Low-Cost Funding
• Maintaining a Well-Functioning Market
• Debt Strategy Plan and Summary of Actions Taken

Part III: Programs and Indicators

• Domestic Debt Programs
• Cash Management
• Foreign Currency Debt Programs
• Holdings of Government of Canada Debt

Annex 1: Composition of the Federal Debt

Annex 2: Completed Treasury Evaluation Reports, 1992–2006

Annex 3: Glossary

Annex 4: Contact Information

Reference Tables

I Gross Public Debt, Outstanding Market Debt and Debt Charges

II Government of Canada Outstanding Market Debt

III Average Weekly Domestic Market Trading in Government of Canada Securities, April 2005 to March 2006

IV Distribution of Domestic Holdings of Government of Canada Securities

V Non-Resident (Direct) Holdings of Government of Canada Debt

VI Fiscal 2005–06 Treasury Bill Program

VII Fiscal 2005–06 Treasury Bill Auction Results

VIII Fiscal 2005–06 Canadian-Dollar Marketable Bond Program

IX Fiscal 2005–06 Marketable Bond Auction Results

X Outstanding Government of Canada Canadian-Dollar Marketable Bonds as at March 31, 2006

XI Government of Canada Swaps Outstanding as at March 31, 2006

XII Bond Buyback Program—Operations in 2005–06

XIII Canada Savings Bonds and Canada Premium Bonds, Fiscal 1983–84 to Fiscal 2005–06

XIV Crown Corporation Borrowings as at March 31, 2006