CDPQ to return to euro issuance after decade-long absence

OTTAWA: Caisse de Depot et Placement du Quebec (CDPQ) last week sold its first Canadian dollar bond in a decade. Now it’s looking to establish itself as a regular issuer in the euro market.

The C$390bil (US$315.6bil or RM1.31 trillion) pension manager wants to be able to fund wherever it’s relatively cheap, and to have investors it can rely on in different markets, said Ian Charest, the head of treasury at Canada’s second-largest pension manager.