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2026-11-06 05:06:30

Canada announced that 72% of its overall government borrowing will be used to refinance maturing debt. The country plans to issue C$290 billion in Treasury bills in fiscal year 2027/28, exceeding the C$284 billion issued in fiscal year 2026/27. Bond issuance for fiscal year 2027/28 is set at C$316 billion, an increase from C$298 billion in fiscal year 2026/27.

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