{"id":8272,"date":"2014-04-29T19:15:11","date_gmt":"2014-04-29T11:15:11","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=8272"},"modified":"2014-04-29T20:49:24","modified_gmt":"2014-04-29T12:49:24","slug":"government-of-canada-says-considering-issuing-50-year-bonds-if-conditions-right","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/04\/29\/government-of-canada-says-considering-issuing-50-year-bonds-if-conditions-right\/","title":{"rendered":"Government of Canada says considering issuing 50 year bonds if conditions right"},"content":{"rendered":"<figure id=\"attachment_8355\" aria-describedby=\"caption-attachment-8355\" style=\"width: 500px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/04\/shutterstock_151894871.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8355\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/04\/shutterstock_151894871.jpg\" alt=\"Shutterstock photo\" width=\"500\" height=\"334\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/04\/shutterstock_151894871.jpg 500w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/04\/shutterstock_151894871-300x200.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><figcaption id=\"caption-attachment-8355\" class=\"wp-caption-text\"><em>Shutterstock photo<\/em><\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>OTTAWA &#8211; Ottawa says it may soon issue a 50-year Government of Canada bond.<\/p>\n<p>The Finance Department says it is considering issuing the long-term bond through a process of syndication in the near future, if market conditions are right.<\/p>\n<p>It says given the current low yield environment issuing such bonds in the ultra-long sector would contribute to a reduction in future refinancing risk.<\/p>\n<p>Currently the longest maturing federal bond is 30 years.<\/p>\n<p>Bank of Montreal chief economist Doug Porter says there would be advantages for the government if it were able to borrow money for half a century at a cost not much higher than the 2.94 per cent currently on the 30-year bonds.<\/p>\n<p>He says insurance companies and pension funds would be the natural customers for such long-term treasury bills.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; OTTAWA &#8211; Ottawa says it may soon issue a 50-year Government of Canada bond. The Finance Department says it &hellip;<\/p>\n","protected":false},"author":44,"featured_media":8355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[2681,398,2682],"class_list":["post-8272","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bond","tag-canada","tag-yields","mauthors-the-canadian-press"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/8272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=8272"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/8272\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/8355"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=8272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=8272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=8272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}