Asked by Sonja Knezic on Jun 11, 2024
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Maple bonds are issued by the government of Canada in Canadian dollars but sold to only foreign investors.
Maple Bonds
Foreign corporate or foreign government bonds issued in Canadian dollars to Canadian investors. Because maples are denominated in Canadian dollars, there is no currency or foreign interest rate risk.
Canadian Dollars
The official currency of Canada, symbolized as CAD.
Foreign Investors
Individuals or institutions from outside a country who invest in that country's assets, such as stocks, bonds, or real estate.
- Recognize the characteristics of specific bond markets, including domestic, foreign, and Eurobonds.
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Learning Objectives
- Recognize the characteristics of specific bond markets, including domestic, foreign, and Eurobonds.
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