CHMC global oversubscribed after Canadian rate cut prompts C$750m market reopening

09 Mar 2001

Canada Mortgage & Housing Corp (CMHC) reopened the Canadian dollar global market on Wednesday with a C$750m five year offering lead managed by Merrill Lynch and TD Securities. Announced late on Tuesday afternoon following a 50bp rate cut by the Bank of Canada, the issue was heavily oversubscribed ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial