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Canada auction of C$750 mln ultra long bond yields median 2.197 pct
August 29, 2017 / 4:24 PM / a month ago

Canada auction of C$750 mln ultra long bond yields median 2.197 pct

TORONTO, Aug 29 (Reuters) - Canada sold C$750 million of its ultra-long bond, the first reopening since November 2014, at a median yield of 2.197 percent, the Bank of Canada said after an auction on Tuesday.

The value of bids submitted by distributors of government securities for the 2.75 percent bond, which matures on Dec. 1, 2064, was C$2,039,240,000, while C$4.25 billion was outstanding after the auction.

Details on Bank of Canada webpage: here (Reporting by Fergal Smith)

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