The bond floodgates open in Canada with at least $22 billion raised this week

Financial Post | Jun 14, 2019 at 3:00 PM
  • Canadian borrowers joined a slew of new debt deals from around the globe to raise at least $22.6 billion (US$17.
  • The Canadian Housing Trust issued $5.5 billion of five-year bonds and Ontario has raised $4.33 billion in three transactions, while four out of the six largest banks are raising to $5.71 billion through benchmark-size deals.
  • National Bank of Canada, which sold $500 million deposit notes Monday, priced US$1 billion of three-year mortgage covered bonds.