Nov. 5 (Bloomberg) -- Canada sold C$3.5 billion ($3.3 billion) of 10-year bonds at an average yield of 3.70 percent.

The government received bids of C$8.03 billion for the 3.5 percent notes maturing in June 2020, according to a statement today on the Bank of Canada’s Web site.

To contact the reporter on this story: Chris Fournier in Montreal at cfournier3@bloomberg.net

Last Updated: November 5, 2009 12:02 EST