The Investment Industry Association of Canada announced on March 28:
There is no doubt that the late summer re-pricing of global credit risk reverberated through the Canadian financial system. Due to the augmented volatility, corporate financings in the second half took a step back. More specifically, Maple issuance accounted for only $4.9 billion, 18% of the $26.9 billion issued throughout the year. Similarly, asset-backed securities, which have been on the rise for the past four years, slowed tremendously down 65% year over year. The Investment Industry Association of Canada (IIAC) today released its periodical An Issue of Debt: Inside Canada’s Debt Markets that included analysis and results for the year that was.
The periodical An Issue of Debt contains excellent issuance and trading statistics for Canadian Fixed Income instruments for the third and fourth quarters of 2007, together with the final figures for the year.