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Global Trade Alert

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Canada: Bank of Canada purchases corporate bonds of Honda Canada Finance Inc in the secondary corporate bond market

Description

On 12 November 2020, the Bank of Canada (BoC) purchased Honda Canada Finance Inc’s corporate bonds in the secondary market. The total value of the transaction was CAD 20 million (USD 15.3 million). Th...

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Intervention Details

Intervention Type

State aid, nes

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Nov 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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