Richard Nesbitt comments on CDN Bond market
16 August 2016
NEWS RELEASE -
Regulatory changes damaging Canadian bond markets.
Financial Post article examines how new capital rules and regulations are causing damage to bond markets stating that "Institutional bond investors are complaining that recent regulatory changes are causing problems in the market and could even potentially jeopardize the “viability” of Canadian dollar denominated foreign securities known as Maple Bonds."
Bond markets around the world have experienced a significant reduction in liquidity since the financial crisis of 2008, a shift attributed to new capital rules, regulation, persistent low interest rates, and quantitative easing