000	00000cam 2200000zi 4500
001	9.964128
003	CaOODSP
005	20260713091048
006	m     o  d f
007	cr cn|||||||||
008	260713t20262026onca    ob   f000 0 eng d
040	|aCaOODSP|beng|erda|cCaOODSP
086	1 |aFB3-8/2026-29E-PDF
100	1 |aFoxall, Sam, |eauthor.
245	14|aThe investor base for sovereign debt : |bwhy diversification matters / |cSam Foxall, Jeffrey Gao.
264	1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2026.
264	4|c©2026
300	|a1 online resource (i, 7 pages) : |bcolour illustrations.
336	|atext|btxt|2rdacontent
337	|acomputer|bc|2rdamedia
338	|aonline resource|bcr|2rdacarrier
490	1 |aStaff analytical paper = |aDocument analytique du personnel, |x3110-9195 ; |v2026-29
500	|a"Last updated: June 11, 2026."
504	|aIncludes bibliographical references (page 7).
520	3 |a"Sovereign borrowing is rising, just as central banks are stepping back. Meanwhile, commercial bank holdings of sovereign bonds remain well below pre-global financial crisis levels. This leaves foreign investors and investment funds, often hedge funds, to absorb more of this growing supply. Their greater involvement supports liquidity and robust auction results, but it can also concentrate risk: in stressed markets, correlated deleveraging and fast outflows can translate volatility into higher funding costs, reinforcing the case for investor base diversification"--Abstract, page i.
650	0|aGovernment securities.
650	0|aBond market.
650	6|aEffets publics.
650	6|aMarché obligataire.
710	2 |aBank of Canada, |eissuing body.
830	#0|aStaff analytical paper (Bank of Canada)|x3110-9195 ; |v2026-29.|w(CaOODSP)9.958938
856	40|qPDF|s515 KB|uhttps://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-8-2026-29-eng.pdf