Dark Mode Beta
Dark Mode Beta

Government securities auctions

The government's public debt consists largely of outstanding government securities, such as treasury bills and marketable bonds. The Bank sells the securities at auction to financial market distributors and dealers.

Schedules and results

Canadian Debt Strategy Model

Distributors and dealers

Government securities distributors

Treasury bills

  • Bank of Montreal
  • Beacon Securities Limited
  • Canaccord Genuity Corp.
  • Canadian Imperial Bank of Commerce
  • Casgrain & Company Limited
  • CTI Capital Securities Inc.
  • Desjardins Securities Inc.
  • HSBC Bank Canada
  • Laurentian Bank Securities Inc.
  • Merrill Lynch Canada Inc.
  • National Bank Financial Inc.
  • Odlum Brown Limited
  • RBC Dominion Securities Inc.
  • Scotia Capital Inc.
  • Sherbrooke Street Capital (SSC) Inc.
  • The Toronto-Dominion Bank

Bonds

  • Beacon Securities Limited
  • BMO Nesbitt Burns Inc.
  • Canaccord Genuity Corp.
  • Casgrain & Company Limited
  • CIBC World Markets Inc.
  • CTI Capital Securities Inc.
  • Desjardins Securities Inc.
  • HSBC Securities (Canada) Inc.
  • Laurentian Bank Securities Inc.
  • Merrill Lynch Canada Inc.
  • National Bank Financial Inc.
  • Odlum Brown Limited
  • RBC Dominion Securities Inc.
  • Scotia Capital Inc.
  • Sherbrooke Street Capital (SSC) Inc.
  • The Toronto-Dominion Bank

Primary dealers

Treasury bills

  • Bank of Montreal
  • Canadian Imperial Bank of Commerce
  • Desjardins Securities Inc.
  • HSBC Bank Canada
  • Laurentian Bank Securities Inc.
  • Merrill Lynch Canada Inc.
  • National Bank Financial Inc.
  • RBC Dominion Securities Inc.
  • Scotia Capital Inc.
  • The Toronto-Dominion Bank

Note: The primary dealers' aggregate competitive bidding limit is 250 percent of auction amount per tranche.

Bonds

  • BMO Nesbitt Burns Inc.
  • Casgrain & Company Limited
  • CIBC World Markets Inc.
  • Desjardins Securities Inc.
  • HSBC Securities (Canada) Inc.
  • Merrill Lynch Canada Inc.
  • Laurentian Bank Securities Inc.
  • National Bank Financial Inc.
  • RBC Dominion Securities Inc.
  • Scotia Capital Inc.
  • The Toronto-Dominion Bank

Note: The primary dealers' aggregate competitive bidding limit is 236 percent of auction amount.

On this page
Table of contents