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Bank of Canada buys back no government bonds in switch operation
By Susanna Moon
Chicago, June 2 - Bank of Canada said it bought back no Government of Canada bonds in a switch operation on Thursday.
The government offered to issue 2% bonds due Aug. 1, 2013 at 100.844 in exchange for 3.5% bonds due June 1, 2013, 5.25% bonds due June 1, 2013, 3% bonds due June 1, 2014 and 5% bonds due June 1, 2014. No bonds were exchanged.
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