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CA20Y

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1d
1w
1m

Analysis and statistics

  • Open
    3.6545$
  • Previous Close
    3.6545$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

CA20Y.GBOND likely refers to a Canadian 20-year Government Bond. The "CA" typically designates it as a Canadian bond, "20Y" indicates a 20-year maturity, and "GBOND" signifies that it is a government bond. It's crucial to consult a specific financial data provider to confirm the exact details like the issuer, coupon rate, and maturity date. This is a common notation used in financial markets to quickly identify a government bond based on its country of origin and remaining term to maturity.
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Factors

Interest Rates: Rising interest rates generally decrease bond prices, as newer bonds offer higher yields, making older, lower-yielding bonds less attractive.

Inflation: Higher inflation erodes the real value of future bond payments, leading to lower bond prices as investors demand higher yields to compensate.

Economic Growth: Stronger economic growth may lead to expectations of higher interest rates and inflation, which can negatively impact bond prices.

Government Policy: Fiscal and monetary policies, such as government borrowing or quantitative easing, can influence bond supply and demand, affecting prices.

Credit Rating: Changes in the credit rating of the issuer (Government of Canada) impact perceived risk, with downgrades lowering prices and upgrades increasing them.

Global Events: Geopolitical events or global economic shifts can create uncertainty and influence investor sentiment, impacting demand for safe-haven assets like government bonds.

Supply and Demand: Increased supply of new bonds can put downward pressure on prices, while higher demand can drive prices up, especially for benchmark bonds like the CA20Y.GBOND.

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