Government of Canada bonds outstanding by currency of payments (formerly K8)

View or download the latest monthly data. For metadata and background information, see the notes.

Effective November 2020, the Bank only publishes Government of Canada securities data. As a result, this table was renamed from Bonds outstanding by currency of payments and issuers (formerly K8). Learn more.

Access historical data of the discontinued series.

Typically published by the third Friday of the month.

Monthly Series

Total currencies

Month-end, Millions of dollars (par Value) CANSIM2020‑062020‑072020‑082020‑092020‑10
Government of Canada direct bondsV31185443668,888698,716735,163739,285 R794,281
Corporate
Non-financial corporation bondsV31185471661,655656,977648,207660,028
Term securitizations1 V31185474563,030555,440549,005

Canadian dollars

Month-end, Millions of dollars (par Value) CANSIM2020‑062020‑072020‑082020‑092020‑10
Government of Canada direct bondsV31185476655,897685,889722,672726,935 R781,925
Corporate
Non-financial corporation bondsV31185504337,369336,572336,937338,007
Term securitizations1 V31185507563,030555,440549,005

Foreign currencies

Total

Month-end, Millions of dollars (par Value)CANSIM2020‑062020‑072020‑082020‑092020‑10
Government of Canada direct bondsV3118550912,99112,82712,49112,35012,356
Corporate
Non-financial corporation bondsV31185537324,286320,405311,269322,020

United States Dollars

Month-end, Millions of dollars (par Value)CANSIM2020‑062020‑072020‑082020‑092020‑10
Government of Canada direct bondsV3118554212,76212,59012,25712,11612,123
Corporate
Non-financial corporation bondsV31185570310,833307,732298,814309,502

Euro

Month-end, Millions of dollars (par Value)CANSIM2020‑062020‑072020‑082020‑092020‑10
Government of Canada direct bondsV31185641229237233234233
Corporate
Non-financial corporation bondsV3118566912,00511,23011,04711,089

Swiss francs

Month-end, Millions of dollars (par Value)CANSIM2020‑062020‑072020‑082020‑092020‑10
Government of Canada direct bondsV3118567400000
Corporate
Non-financial corporation bondsV31185702288294289290

Pound sterling

Month-end, Millions of dollars (par Value)CANSIM2020‑062020‑072020‑082020‑092020‑10
Government of Canada direct bondsV3118570700000
Corporate
Non-financial corporation bondsV31185735118123122120

Japanese yen

Month-end, Millions of dollars (par Value)CANSIM2020‑062020‑072020‑082020‑092020‑10
Government of Canada direct bondsV3118574000000
Corporate
Non-financial corporation bondsV311857680000

Other

Month-end, Millions of dollars (par Value)CANSIM2020‑062020‑072020‑082020‑092020‑10
Government of Canada direct bondsV3118577300000
Corporate
Non-financial corporation bondsV311858011,0421,0269981,020

Notes

Source: Bank of Canada, Statistics Canada

Effective November 2020, the Bank will only publish Government of Canada securities data. As a result, table Bonds outstanding by currency of payments and issuers (formerly K8) will be renamed as Government of Canada bonds outstanding by currency of payments.

Historical data of the discontinued series remain available in downloadable format.

Bonds outstanding by currency of payments and issuers (formerly K8) was previously named Bonds outstanding: Government of Canada, provincial, municipal, corporate and other bonds (K8).

Bonds outstanding are shown at par value. As of March 2017, bonds payable in foreign currencies have been converted into Canadian dollars using the average exchange rate for the last business day of the month. Effective January 2014, Eurodollar classification is no longer reported.

Other currencies of payment are all currencies excluding United States Dollar, European Economic and Monetary Union (EMU) Euro, Swiss Francs, Pound Sterling and Japanese Yen.

Government of Canada and provincial direct and guaranteed bonds do not include treasury bills.

Municipal bonds do not include issues guaranteed by the provinces (already included in provincial securities) and issues sold directly to provinces and their agencies. Effective January 2017, the source of bond data for Ontario municipalities has changed from Bank of Canada to Statistic Canada, as is the case for all the other municipalities. As such, the data have been revised back to January 2015 to reflect this new methodology.

Corporate bonds include all assets of Canadian corporations payable in Canadian dollars or in other currencies with the exception of finance company and commercial paper with an original term to maturity of one year or less and issues sold to a parent company, whether this parent is incorporated in Canada or abroad. As of November 28, 2016, corporate bonds have been revised historically to include Euro Medium Term Notes.

Included under foreign debtors are those issues payable in Canadian dollars of The International Bank for Reconstruction and Development (World Bank) and certain foreign governments and corporations.

Term securitizations include instruments issued under the National Housing Act (insured mortgage-backed securities program, as reported prior to January 2000 by the program trustee, Computershare Trust Company of Canada, and since January 2000 by Canada Mortgage and Housing Corporation), as well as other term securities issued by special purpose corporations.

Other institution bonds include issues of Canadian religious, nursing care homes, hospital and educational institutions.

  1. 1. Beginning January 2009, includes approximately $32.1 billion in Master Asset Vehicle long-term notes related to affected trust under the Montreal Proposal; $28.8 billion were asset-backed commercial paper.[]