IDEAS home Printed from https://ideas.repec.org/a/bca/bcarev/v2010y2010iautumn10p19-30.html
   My bibliography  Save this article

Trends in Issuance: Underlying Factors and Implications

Author

Listed:

Abstract

Trends in debt issuance have changed significantly over the past decade, both prior to the financial crisis and subsequently. This article provides an update on these trends in Canada relative to those in other capital markets and, where possible, analyzes the impact of the crisis on Canadian corporate issuance. The author examines trends in capital markets in Canada and other regions over the past ten years, focusing on three areas: the issuance of financial and non-financial corporate bonds, the issuance of financial and non-financial corporate equity, and securitization. The increased use of innovative and riskier financing prior to the crisis was less pronounced in Canada, and future refinancing needs are more in line with historical issuance levels.

Suggested Citation

  • Jonathan Witmer, 2010. "Trends in Issuance: Underlying Factors and Implications," Bank of Canada Review, Bank of Canada, vol. 2010(Autumn), pages 19-30.
  • Handle: RePEc:bca:bcarev:v:2010:y:2010:i:autumn10:p:19-30
    as

    Download full text from publisher

    File URL: http://www.bankofcanada.ca/wp-content/uploads/2010/11/witmer.pdf
    File Function: full text
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Adam Found & Peter Tomlinson, 2012. "Hiding in Plain Sight: The Harmful Impact of Provincial Business Property Taxes," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 368, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bca:bcarev:v:2010:y:2010:i:autumn10:p:19-30. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://www.bank-banque-canada.ca/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.