New Issue: Bank of Canada prices C$2.5 billion more 2.75% bonds at 106.814

By Jennifer Chiou

New York, Feb. 1 - Bank of Canada said it priced another C$2.5 billion of Government of Canada 2.75% bonds due June 1, 2022 in an auction on Wednesday, bringing the total size to C$7.5 billion.

The average price was 106.814, and the average yield was 2.015%.

Bids were received for C$5.77 billion of the bonds, including non-competitive bids for C$46.1 million of bonds.

Issuer:	Bank of Canada
Issue:	Government of Canada bonds
Amount:	C$2.5 billion add-on
Maturity:	June 1, 2022
Coupon:	2.75%
Average price:	106.814
Average yield:	2.015%
Pricing date:	Feb. 1
Settlement date:	Feb. 6

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.