Canadian Government Securities means (i) any publicly traded security which is either (a) issued by the Government of Canada and, in the case of Moody’s, rated at least Aa1 by Moody’s or (b) is guaranteed by the Government of Canada or any semi–sovereign Canadian entity, and, in the case of Moody’s, whose domestic currency long term debt is rated at least Aa1 by Moody’s, (ii) is denominated and payable in Canadian currency or is convertible into a security constituting Eligible Portfolio Property, and (iii) is not a variable rate, index–linked, zero coupon or stripped security.
Canadian Government Securities means, in the case of S&P, all publicly traded securities issued and guaranteed by the Government of Canada with fixed maturities (i.e., no perpetuals) and which is non-callable and in the case of Moody's, (i) any publicly traded security which is either issued by the Government of Canada and is rated at least Aa1 by Moody's or is guaranteed by the Government of Canada or any semi-sovereign Canadian entity whose domestic currency long term debt is rated at least Aa1 by Moody's, (ii) is denominated and payable in Canadian currency or is convertible into a security constituting Eligible Portfolio Property by Moody's, and (iii) is not a variable rate, index-linked, zero coupon or stripped security.
Canadian Government Securities means, in the case of S&P, all publicly traded securities issued and guaranteed by the Government of Canada with fixed maturities (i.e. no perpetuals) and which is non-callable and in the case of Moody's, (i) any publicly traded security which is either issued by the Government of Canada and is rated Aaa by Moody's or is guaranteed by the Government of Canada or any semi-sovereign Canadian entity whose domestic currency long-term debt is rated Aaa by Moody's (ii) is denominated and payable in
Examples of Canadian Government Securities in a sentence
U.S. and Canadian Government Securities There are no U.S. marketable securities at October 31, 1995.