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Canada Auctions C$700 Million of Inflation-Linked Debt at Yield of 1.07%

Canada auctioned C$700 million ($689 million) of 30-year real-return bonds, drawing a median yield of 1.07 percent.

The government received bids of C$1.4 billion for the 1.5 percent inflation-indexed securities maturing in December 2044, according to a statement today on the Bank of Canada’s website.

To contact the editor responsible for this story: Greg Storey at gstorey@bloomberg.net

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