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Stock impact report

Foreign AAA Issuers Land in Canada Bonds as Covid Issuance Slows [Financial Post (Toronto, Ontario, Canada)]

Tidewater Inc. (TDW) 
Last tidewater inc. earnings: 8/9 04:24 pm Check Earnings Report
Company Research Source: Financial Post
advantage of pent-up demand from investors facing an issuance slowdown from the country's own borrowers. Three deals have arrived in recent days. The Council of Europe Development Bank did its first Canadian dollar transaction. Norway's Kommunalbanken AS, which provides local government funding services, returned after an eight-year pause. German development agency for agribusiness Landwirtschaftliche Rentenbank sold loonie bonds for the first time in almost seven years. Series A for start-ups: what entrepreneurs should know before launching their business Advertisement Advertisement Article content Expect more to come. Canadian provinces have slowed issuance to fund Covid relief after a record borrowing binge in 2020. That's created an opportunity for international borrowers to tap the market — some for the first time ever, or in years — to unlock another pool of buyers. Provinces look poised to issue C$129 billion ($104 billion) of bonds in the fiscal year ending March 3 Show less Read more
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