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Bank of Canada investors tender C$1.7 billion of three treasury bills
By Devika Patel
Knoxville, Tenn., Dec. 21 - Bank of Canada said it bought back C$1.7 billion of three of its treasury bills in a tender offer.
The government purchased C$850 million of bills due March 31, 2011 at an average price of 99.73276; C$425 million of bills due June 23, 2011 at an average price of 99.43379 and C$425 million of bills due Dec. 22, 2011 at an average price of 98.65120.
The Bank of Canada is the country's central bank and is located in Ottawa.
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