Canada Housing Trust plans quarterly C$5 billion-C$6 billion mortgage bond sale

By Cristal Cody

Prospect News, Sept. 15 - Canada Housing Trust (Aaa/AAA/DBRS: AAA) is expected to price C$5 billion to C$6 billion of new five-year Canada mortgage bonds in the week ahead, a bond source said Thursday.

The regular quarterly issue typically prices in September. The trust is expected to bring one tranche of bonds due December 2016.

Other offering details have not been finalized.

Canada Housing Trust is a unit of Canada Mortgage and Housing Corp., which offers financing, mortgage loan insurance and mortgage-backed securities.

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