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Canada Budget 2024: Desjardins On Debt Management Strategy For 2024-25
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Canada Budget 2024: Desjardins On Debt Management Strategy For 2024-25
Apr 17, 2024 5:14 AM

05:00 PM EDT, 04/16/2024 (MT Newswires) -- Jimmy Jean over at Desjardins noted that for 2024-25, the DMS outlines a gross domestic debt issuance program of $500 billion, up from the $471 billion raised in 2023-24. Most of the increases are in 10s and longs, against issuance declines in bills and a smaller increase in 2s. This total includes $414B for maturing debt and $102B to meet financial requirements, encompassing the deficit of $40B and the effects of non-budgetary transactions amounting to $102B.

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