Go to Main Content

Advertisement

By Special to MoneySense on April 28, 2014
Estimated reading time: 1 minute

Government of Canada considering 50-year bonds

By Special to MoneySense on April 28, 2014
Estimated reading time: 1 minute

Ottawa says it may soon issue a 50-year bond if market conditions are right.

This article is 11 years old. Some details may be outdated.

Advertisement

OTTAWA – Ottawa says it may soon issue a 50-year Government of Canada bond. The Finance Department says it is considering issuing the long-term bond through a process of syndication in the near future, if market conditions are right. It says given the current low yield environment issuing such bonds in the ultra-long sector would contribute to a reduction in future refinancing risk. Currently the longest maturing federal bond is 30 years. Bank of Montreal chief economist Doug Porter says there would be advantages for the government if it were able to borrow money for half a century at a cost not much higher than the 2.94 per cent currently on the 30-year bonds. He says insurance companies and pension funds would be the natural customers for such long-term treasury bills.

Comments Cancel reply

Related Articles

Couple holding up a key to their new home.

Canadians are turning to family—and credit—to stay afloat

As the cost of living climbs, financial help from family and increased credit use are becoming survival strategies for...

Canadians are turning to family—and credit—to stay afloat

People shop at a 7-Eleven convenience store in New York, Tuesday, March 19, 2024.

Couche-Tard walks away from 7-Eleven bid, citing lack of good faith

Months of negotiations, revised offers, and concessions weren’t enough to keep Couche-Tard’s $47-billion bid for 7-Eleven’s parent on track....

Couche-Tard walks away from 7-Eleven bid, citing lack of good faith

Cogeco targets low-data users with new Canadian mobile service

Cogeco’s Canadian wireless launch arrives amid downgraded outlook, falling U.S. revenue, and analyst concerns.

Cogeco targets low-data users with new Canadian mobile service

A "for sale" sign is seen in front of a home in Laval, Que., on Friday, July 4, 2025. For the second time this year, the Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, as it reported that the number of homes that changed hands across the country in June rose 3.5 per cent compared with a year ago.

Canadian home sales forecast downgraded—but the market may be turning a corner

Home sales are down, prices are softening, and buyers are hesitant—but conditions may be shifting as summer gains momentum.

Canadian home sales forecast downgraded—but the market may be turning a corner

A house cut from green felt sits on a notebook on grass

Buying a new build? You may qualify for a CMHC Eco Plus refund

CMHC Eco Plus is a new program that encourages Canadian home buyers to opt for energy efficiency. Here’s how...

Buying a new build? You may qualify for a CMHC Eco Plus refund

Statistics Canada released June inflation figures on Tuesday. A person pumps fuel in Toronto, on Wednesday, September 12, 2012.

Inflation climbs to 1.9% in June, led by surging vehicle costs

Inflation hit 1.9% in June as car prices rose. Strong job gains and steady core inflation suggest the Bank...

Inflation climbs to 1.9% in June, led by surging vehicle costs

AI chatbots have become another go-to for many young Canadians to set up budgets and map out financial goals. The Icons for the smartphone apps DeepSeek and ChatGPT are seen on a smartphone screen in Beijing, Tuesday, Jan. 28, 2025.

AI chatbots can help with personal finance—if you ask the right questions

Canadians are using AI for money matters, from budgeting to financial planning. Read these expert tips to get better...

AI chatbots can help with personal finance—if you ask the right questions

A smiling young man using a laptop

How to use AI to find a job—without annoying the employers

Many Canadian job seekers are using ChatGPT and other AI tools to apply for work. Here’s how to use...

How to use AI to find a job—without annoying the employers

Two parents and two kids in their suburban backyard

Upgrading your backyard? Here’s how to keep home reno costs in check

Many Canadians are doing home improvement projects this summer, from plants to swimming pools. Read expert tips to get...

Upgrading your backyard? Here’s how to keep home reno costs in check

A crane is seen above a wood-frame condo project under construction as condo and office towers line the downtown skyline, in Vancouver, on Friday, July 4, 2025. While optimism is building in some parts of Canada for a second-half rebound in the real estate market, condominium dwellers aiming to move up to a larger space face tough choices amid little sign of improvement for that segment.

Weak condo market means tough choices for potential move-up buyers

Condo owners hoping to buy a house are stuck in a stalled market as sales in Canada continue to...

Weak condo market means tough choices for potential move-up buyers