IIAC GUIDING PRINCIPLES FOR DESIGNATING CANADA BONDS AS BENCHMARKS
The IIAC has developed Guiding Principles for Designating Canada Bonds as Benchmarks. IIAC members, and other market participants active in domestic bond markets, contributed to the drafting of the principles.
The principles are intended to help market participants determine when new issue bonds achieve benchmark status. Agreement on current benchmark status supports orderly market functioning.
The guiding principles will be updated periodically to reflect changes to the Canada bond auction schedule.
For additional information please contact Todd Evans.