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Foreign AAA Issuers Land in Canada Bonds as Covid Issuance Slows - Vimarsana News

Foreign AAA Issuers Land in Canada Bonds as Covid Issuance Slows

(Bloomberg) -- Some of the highest-rated government agencies in the world are hitting up the Canadian bond market, taking advantage of pent-up demand from investors facing an issuance slowdown from the country’s own borrowers. Three deals have arrived in recent days.

Foreign AAA Issuers Land in Canada Bonds as Covid Issuance Slows - Vimarsana News

Foreign AAA Issuers Land in Canada Bonds as Covid Issuance Slows

(Bloomberg) -- Some of the highest-rated government agencies in the world are hitting up the Canadian bond market, taking advantage of pent-up demand from investors facing an issuance slowdown from the country’s own borrowers. Three deals have arrived in recent days. The Council of Europe Development Bank did its first Canadian dollar transaction. Norway’s Kommunalbanken AS, which provides local government funding services, returned after an eight-year pause. German development agency for agribusiness Landwirtschaftliche Rentenbank sold loonie bonds for the first time in almost seven years...