Canada Mortgage and Housing Corporation BMO Capital ... - CMHC
A specific, older "Form FMC-48" surety bond for maritime financial responsibility.
Series 48 bonds have been issued with a 2.400% interest rate, and specific series matured in December 2022. 48 : Bonds
Canada Housing Trust™ No. 1, guaranteed by the Canada Mortgage and Housing Corporation (CMHC).
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Other potential, less likely contexts for "48 bonds" include: A sample of 48 green bonds from European countries. An emerging market fund portfolio with 48 bonds.
These bonds are issued to support mortgage funding in Canada. such as "AAA".
They are often assigned high credit ratings, such as "AAA".