(Bloomberg) -- British Columbia Investment Management Corporation, which manages C$233 billion ($170 billion) of assets mostly for public sector pensioners...
-- British Columbia Investment Management Corporation, which manages C$233 billion of assets mostly for public sector pensioners in the western province, priced its debut bond sale in Canadian dollars even as borrowing costs hover near historic highs.US Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItThe asset manager on Monday raised C$1.25 billion by selling 10-year bonds at a spread of 90.
Canada Pension Plan Investment Board, a regular issuer whose debt is also top rated, sold C$1 billion of 10-year bonds on Sept. 26 at a spread of 78 basis points over the benchmark, Bloomberg-compiled data show. The 4.75% CPPIB notes were quoted at a spread of about 78.5 basis points on Monday, according to Bloomberg indicative bid prices.
BUDAPEST, Hungary — Prime Minister Viktor Orbán compared Hungary's membership in the European Union to more than four decades of Soviet occupation of his country during a speech on Monday commemorating the anniversary of Hungary's 1956 anti-Soviet revolution. Speaking to a select group of guests in the city of Veszprem, Orbán accused the EU of seeking to strip Hungary of its identity by imposing a model of liberal democracy that he said Hungarians reject.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
British Columbia Pension Fund Joins AAA Bond Club at Expensive TimeBritish Columbia Investment Management Corporation, which manages C$233 billion ($170 billion) of assets mostly for public sector pensioners in the western province, is issuing its debut bond sale in Canadian dollars even as borrowing costs hover near historic highs.
Read more »
Environment Canada says first snowfall of the season expected in B.C.Slow-moving arctic front is expected in the Columbia and Kootenay region
Read more »
Exclusive-Permira shifting Evelyn, Teraco stakes into continuation fund -sourcesExplore stories from Atlantic Canada.
Read more »
Goldman Sachs Raises $4 Billion for Latest Infrastructure FundGoldman Sachs Group Inc.’s asset management arm raised $4 billion for a new mid-market infrastructure fund.
Read more »
Ex-Paulson Partner Shuts Hedge Fund Berry Street on Rising RatesOrkun Kilic is closing his hedge fund Berry Street Capital Management four years after its inception, citing high interest rates and a challenging regulatory environment.
Read more »
China Sovereign Wealth Fund Buys Up ETF Shares In Market BoostChina’s sovereign wealth fund Central Huijin Investment Ltd. said it bought exchange-traded funds on Monday, as the state-run fund continues to snap up shares in the market in moves apparently aimed at boosting stocks.
Read more »