The sale may add to the stock of 2.75 percent coupon bonds due in December 2064 that were first sold in April, the finance department said in a statement today from Ottawa.
The issuance of any new bonds would be “subject to favourable market conditions” and use a syndicate of investment dealers to handle a sale, the government statement said, without providing further details.
The initial sale of 50-year bonds was a first for Canada and part of an overall strategy to reduce risks around refinancing maturing debt.
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