Fall GNL Financial Update
Dodging, dissembling, and shortchanging
The Government of Newfoundland and Labrador announced last week (08 Oct 24) that it had placed its first bond offering in euros.
The transaction dated 04 October 2024 was for €50 million (CDN$75 million), at a yield of 3.067 percent and with a maturity of 04 Dec 2034.
According to the official release, the “Provincial Government worked with RBC Capital M…
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