Provinces brush off market jitters as companies pass on bond issuance

 Provinces and government issuers continue to issue bonds even while companies have stayed away from the primary market. Source: Financial Post Canadian provinces and government-related issuers took a serene approach to the recent turmoil in global markets, carrying on with bond issuance even as companies have stayed away from the primary market. Canada Housing Trust opened…

Read More

Changing Corporate Market Liquidity in Canada

Along with a decline in liquidity, issuers of securities also noted the greater degree of difficulty they had in gauging the market and pricing new issues of benchmark bonds. They also noted the trend of investors demanding larger, more liquid benchmark bonds. Source: Wizard-At-Odds The BIS released their quarterly review at the beginning of December. In…

Read More