Thursday, June 14, 2007
CNQ Lists Manitoba Bonds
19 Issues to Commence Trading on June 18 , 2007
Canadian Trading and Quotation System, Inc.(“CNQ”) today announces the listing of several series of bonds issued by the Province of Manitoba and the Manitoba Hydro-electric Board (“Manitoba Hydro”). The listing of the bonds, known as Builder Bonds and Hydro Bonds, will provide investors and dealers with an efficient and transparent secondary market.
The Listing of the bonds is another demonstration of the advantages of CNQ’s innovative and investor-friendly website. Trading data and details of each bond issue will appear on individual web pages in a new section of www.cnq.ca created specifically for the Manitoba Bonds. The Builder bonds are direct obligations of the Province of Manitoba , and the Hydro Bonds are guaranteed by the Province of Manitoba.
The Province has a debt rating of A(high) from Dominion Bond Rating Service.
Further information on the Builder Bonds can be found at:
http://www.gov.mb.ca/finance/treasury/builderbonds.html
Further information on the Hydro Bonds can be found at:
http://www.hydro.mb.ca/corporate/hydro_bonds/index.shtml
CNQ was recognized as a stock exchange by the Ontario Securities Commission in May, 2004 as the first new Canadian stock exchange in over 70 years and currently has over 75 companies listed. In 2006 it obtained approval to launch Pure trading, an alternative market which provides a better, faster, and more cost efficient trading venue for equity securities listed on other stock exchanges in Canada. There are currently over 50 Canadian investment dealers approved for direct access to both Pure Trading and the CNQ stock exchange.
For more information, please visit the website at www.cnq.ca. or contact Mark Faulkner, Director Listings and Regulation, (416) 572-2000 ext 2305 E-mail: [email protected]
Media Inquiries may be directed to Susan Reisler, Media Profile, 416 342-1843, E-mail: [email protected].