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For Release: 15:30 E.T.
Ottawa, December 12, 1996
1996-097

Quarterly Bond Schedule [1]

Secretary of State for Finance Doug Peters, on behalf of the Minister of Finance, today announced plans for six issues of Government of Canada marketable bonds, including one issue of Real Return Bonds, to be auctioned to primary distributors of Government of Canada marketable bonds as set out below.


Type of  Issue Auction Date
(1997)
Further Details of Issue
(1997)
Dated and Delivered
(1997)
Amount Maturing
($ millions)

3-year auction*

January 8

January 3

January 15

--

30-year auction*

January 22

January 16

February 3

--

10-year auction*

February 12

February 6

February 17

--

5-year auction*

February 26

February 20

March 3

3,400

RRB auction**

March 5

February 27

March 12

--

2-year auction*

March 12

March 6

March 17

4,800


*  Quarterly issue
** Single-price auction format

Note:

[1] Beginning with the first issue in 1997, the Government of Canada will be adopting the practice, used by market participants, to price bonds where the settlement date is less than a standard six full months from the first coupon date (i.e. a bond with a "short" first coupon). For more detailed information contact Kevin Fettig, Bank of Canada at (416) 681-2405.

________________________
For further information:

Rob Stewart
Financial Markets Division
(613) 992-4468


Last Updated: 2004-03-21

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