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First Nations Finance Authority Issues 4th Debenture

First Nations Finance Authority Issues 4th Debenture, rating upgrade to A2 from A3 by Moody’s Investors Service PRESS RELEASE-WESTBANK, BC- (October 19, 2017) The First Nations Finance Authority (FNFA) has issued its largest debenture (bond) to date at $126 Million. The demand for FNFA’s debenture exceeded supply as institutional investor orders ...

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Canada could tap more 50-year funding as central bank hikes rates

By Fergal Smith TORONTO, Sept 6 (Reuters) – Strong investor demand for Canada’s recent sale of ultra-long bonds, the first in nearly three years, raises prospects for additional issuance of these bonds over the coming months, strategists and investors said. Further issuance could help the federal government lock in cheap ...

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Ontario first quarter finances show province still on track to balance

TORONTO-Ontario’s first-quarter finances show the government is still on track to balance this year’s budget. A bilateral agreement between Ontario and the federal government on early learning and childcare gives the government both $145 million in new revenue and expenses. Other new spending includes $85 million to clean up the ...

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Century old $5 bill sold at auction for $11,000 

FORT MYERS, Fla. -Money may not grow on trees, but its value can grow. That was evidenced last week by a $5 bill issued almost 100 years ago by a Florida bank that was sold at auction for more than $11,000. The News-Press in Fort Myers reports that the auction ...

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