Nova Scotia sells C$250 mln 10-yr note in reopening

Mon Nov 28, 2011 12:56pm EST
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(Reuters) - Nova Scotia on Monday sold C$250 ($243 million) million of 10-year notes in a reopening of an existing 4.10 percent issue, according to a term sheet seen by Reuters.

The notes will mature on June 1, 2021 and were priced at 107.0690 to yield 3.23 percent, or 103.5 basis points over the Canadian government benchmark, according to the term sheet.

The total amount now outstanding is C$900 million ($874 million).

The lead manager on the sale was the investment dealer arm of Toronto-Dominion Bank.

(Reporting by Caryn Trokie)