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