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Foreign Yankee Bonds The Yankee Bond program is used for financings in U.S. dollars. The province agrees to sell a specified amount of marketable bonds to a syndicate of underwriters, which then markets the bonds to U.S.-based investors. Syndicate members are selected according to a number of criteria such as market distribution capabilities and track record, previous service, reputation and pricing. Bonds are:
The province maintains a U.S. "shelf registration" with the U.S. Securities and Exchange Commission. The filing permits the province to issue debt securities in the United States, including domestic U.S. dollar securities and global bonds. Relevant Documents The province's Securities and Exchange Commission filings can be found on the SEC's website. Once there, enter our CIK# 836136. |
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