The Government of Canada's plan to strengthen the middle class and to ensure Canadians have the support, resources and confidence they need to succeed, create jobs and grow our economy is working.

• This is the Government's fifth issuance of ultra-long bonds.

• Today, via modified auction, the Government issued $500 million in ultra-long bonds that mature on December 1, 2064 at a yield of 2.25 per cent.

• Canada received strong demand from both domestic and international investors.

• The Government has issued a total of $4.75 billion in ultra-long bonds since the start of 2014.

• Locking in additional low-cost funding for 50 years benefits Canadian taxpayers and reduces the Government's refinancing risk, outcomes consistent with the key objectives specified in the Government's Debt Management Strategy.

Associated Links

• Debt Management Strategy for 2017-18
• Budget Plan
• Budget Speech
• Fact Sheets
• Budget 2017 in 3 Minutes

Media may contact:

Chloé Luciani-Girouard
Press Secretary
Office of the Minister of Finance
chloe.luciani-girouard@canada.ca 
613-462-5469

Media Relations
Department of Finance Canada
fin.media-media.fin@canada.ca
613-369-4000

General Enquiries

Phone: 613-369-3710
Facsimile: 613-369-4065
TTY: 613-369-3230
fin.financepublic-financepublique.fin@canada.ca