Archived - Review of Borrowing Framework of Major Federal Government-Backed Entities

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September 30, 2005

Executive Summary

Final Report - pdf PDF version

Appendices - pdf PDF version

Addenda - pdf PDF version

Table of Contents

Final Report 

I   Executive Summary
II  Introduction

Part A - Current Borrowing Framework

III  Governance Practices
IV  Enhanced Status Quo

Part B - Alternative Borrowing Frameworks

V    International and Provincial Borrowing Frameworks
VI   Attributes - Direct Borrowing Costs
VII   Attributes - Other
VIII  Alternatives
IX    Arguments for Centralization and Arguments for Enhanced Status Quo


Governance Practices and Borrowing Framework
Financial Risk Management Practices
Improvements to Current Framework
International and Provincial Frameworks
International and Provincial Perspectives
Government and Borrower Debt
Agency Spread
Analysis of Borrowing Cost
I    Attributes
J   Structured Note Samples


Organizations Interviewed
Interview Guide