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Canada Cancels Planned Long Bond Sale

ISSUANCE
(MNI) Ottawa
  • "The Government of Canada has decided to cancel the issuance of its 1 December 2064 bond. As such, the previously announced auction on 16 June 2022 is suspended."
  • "This decision reflects Canada’s declining borrowing needs generally. The government will communicate any further intentions about ultra-long bond issuance should the situation warrant."
  • Statement from BOC: https://www.bankofcanada.ca/2022/06/government-canada-cancels-ultra-long-bond-issuance/
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  • "The Government of Canada has decided to cancel the issuance of its 1 December 2064 bond. As such, the previously announced auction on 16 June 2022 is suspended."
  • "This decision reflects Canada’s declining borrowing needs generally. The government will communicate any further intentions about ultra-long bond issuance should the situation warrant."
  • Statement from BOC: https://www.bankofcanada.ca/2022/06/government-canada-cancels-ultra-long-bond-issuance/