Canadian banks hoard cash with record ultra-safe bonds abroad ...Qatar

Gulf Times - News

Instead of waiting to see whether Canadian policymakers manage a soft landing for the economy, banks are hoarding cash by selling mortgage covered bonds around the world at the fastest pace on record. The nation’s lenders, including Royal Bank of Canada and Toronto-Dominion Bank, raised over €52.2bn ($53.3bn) by issuing the debt mostly in euros, pounds and US and Australian dollars so far this year, according to data compiled by Bloomberg. That makes them the world’s largest issuers of widely marketed covered bonds in 2022 with around 19% of all sales, beating out German and Swedish lenders. Canada’s consumer price inflation accelerated in June to the highest level since January 1983 -

Hence then, the article about canadian banks hoard cash with record ultra safe bonds abroad was published today ( Sunday 24/07/2022 - 09:36 PM ) and is available on Gulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Canadian banks hoard cash with record ultra-safe bonds abroad )

Last updated : 24 July 2022 clock 09:36 PM

Also on site :

Canadian banks hoard cash with record ultra-safe bonds abroad ...Qatar

Cubs, Chas McCormick Agree To Minor League Deal

JD Vance Says Minneapolis Is to Blame for ICE Violence

Seven Democrats Just Voted to Approve ICE Funding: Full List

Vance goes to Minnesota and tries to ‘lower the temperature’ over ICE raids - but still takes shot at local leaders

Walt Disney was ‘scared’ Disneyland would never be ready for opening day in 1955

How Some Real Hollywood Workplace Horror Stories Helped Shape Thriller ‘Send Help’

‘Supernatural’ Star Jensen Ackles Gets Candid About Jared Padalecki’s Recent Injury

‘The Secret Agent’ Director Kleber Mendonça Filho On His Film’s Four Oscar Nominations: “It’s So Good To See Casting Recognized”

Chicago Fire Shake-Up: Dermot Mulroney To Go On Hiatus In Season 14 — Is He Leaving For Good?

Officials identify child killed in Pacific Beach hit-and-run

JD Vance Gives Insurrection Act Update in Minneapolis

Jackson Dean’s New Out-‘Liar’ Is Deceptively Sparse & Full of Fire: ‘It’s All About Daring Somebody’

Nottingham Forest’s hopes of qualifying automatically hit in Braga defeat

There’s nothing wrong with ‘me’

Meghan Markle, Prince Harry’s rift echos Beckham family drama, ‘With Love, Meghan’s’ fate, more .. Royals Recap