Call for tenders for secondary market purchases of Real Return Bonds (May 27)

Notice - Tuesday, May 26, 2020, 15:30 (ET)

As previously announced, the Bank of Canada (the Bank) launched a program to purchase Government of Canada securities in the secondary market: the Government of Canada Bond Purchase Program (GBPP).

The Bank will be buying on May 27, in a reverse auction format, up to $700 million notional of Real Return Bonds (RRBs) in the secondary market.

Auction Date
Offering Deadline
Maximum Total Purchase

2020.05.27
10:30:00
$700,000,000

The Bank will purchase up to $100 million notional per line of the following securities:

Settlement Maturity Coupon Rate ISIN
2020.05.29 2021.01.12 4.250 CA135087UL60
2020.05.29 2026.01.12 4.250 CA135087VS05
2020.05.29 2031.01.12 4.000 CA135087WV25
2020.05.29 2036.01.12 3.000 CA135087XQ21
2020.05.29 2041.01.12 2.000 CA135087YK42
2020.05.29 2044.01.12 1.500 CA135087ZH04
2020.05.29 2047.01.12 1.250 CA135087B949

The secondary market purchases conducted by the Bank should settle with the Bank (CUID: BOCB) and not the Government of Canada. These purchases are subject to the GBPP terms and conditions.


Director
Financial Markets Department
Bank of Canada
613‑782‑7723


Director
Financial Markets Department
Bank of Canada
613‑782‑7245


Bank of Canada
613‑782‑8782
Content Type(s): Press, Market notices
Source(s): Government of Canada Bond Purchase Program