Canada issues new 5 year Canadian bonds $3.5 billion, but sold the bonds in US dollars. The bonds were 4 times oversubscribed, so there appears to be no lack of confidence in the Canadian economy.
That’s just the beginning.
Canada issues new 5 year Canadian bonds $3.5 billion, but sold the bonds in US dollars. The bonds were 4 times oversubscribed, so there appears to be no lack of confidence in the Canadian economy.
That’s just the beginning.