Everybody loves Canada (Canada’s euro bond sale finds big demand)

Boyd Erman at G&M noted in “Canada’s euro bond sale finds big demand” (emphasis added),

Everybody loves Canada.

That’s the conclusion after the government raised €2-billion in a sale this week […]

The federal goverment is paying 6 basis points less to borrow than similar bonds issued by the French, and 4 basis points below the rate on the Dutch benchmark. (A basis point is 1/100 of a percentage point.)

Posted in Canada, Economics, investment, World Affairs