February 06, 2025 17:12 GMT
CANADA: 10Y Auction – Lowest Bid-to-Cover Since 2009
CANADA
- Canada sold C$6bn of the 3.25% Jun 2035 at an average yield of 3.033%.
- The bid-to-cover of 1.899 extends what has been low demand in recent months with its lowest for a 10Y auction since June 2009 (it was 2.01 in January and had a five-auction average of 2.19).
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