The Department of Finance announced today the successful pricing of a US–dollar global bond.

This will be the Government's fourth foreign currency bond issue in recent years, following a 5–year US$3–billion global bond issuance in 2012, a 10–year 2–billion euro global bond issuance in 2010 and a 5–year US$3–billion global bond issuance in 2009.

The investor base for the 5–year bond issue includes a wide range of central banks, other official institutions and foreign–based investment funds across a diverse geographical area.

Quick Facts

• The proceeds of the bond of US$3 billion will supplement and diversify Canada’s foreign exchange reserves.
• The bond transaction achieved all of the objectives of the Government, including providing cost–effective and diversified funding for the foreign reserves held in the Exchange Fund Account.

Media Contacts

Marie Prentice
Press Secretary
Office of the Minister of Finance
613–996–7861

Jack Aubry
Media Relations
Department of Finance
613–996–8080

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