A consultation document relating to the auction schedule for Real Return Bonds for the fiscal year 2007/08, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today.

The government announced a consultation on the Real Return Bond auction schedule in the Debt Management Strategy for 2007/08 in light of the announced increase in the issuance of Real Return Bonds. The Department of Finance and the Bank of Canada are therefore seeking views regarding the auction plan for the fiscal year 2007/08.

Comments on the specific questions raised in the Spring 2007 Consultation Document can be emailed before 20 April 2007 to: .

For further information, please contact:

Cynthia Richardson
Chief
Financial Markets Division
Department of Finance
613 947-3919
Marc Larson
Assistant Director
Financial Markets Department
Bank of Canada
613 782-7836