Bank of Canada staff discuss replacing all federal debt issues with 3 fungible perpetual bonds paying fixed, floating, and inflation-linked rates

by kiwimancy Main paper: www.bankofcanada.ca/wp-content/uploads/2018/12/sdp2018-15.pdf Mentioned in money stuff: www.bloomberg.com/opinion/articles/2018-12-11/a-happy-anniversary-for-madoff-s-scam The paper discusses four ways of improving liquidity of canadian government bonds which should lower the cost of their debt. The last … Read more