Series of bonds will be exclusively available for trading via over-the-counter markets, providing fixed income investors with access to greater liquidity
TORONTO, April 12, 2024 /CNW/ – TMX Group Limited (TMX Group or the Company) today announced that its board of directors and Toronto Stock Exchange (TSX) have approved the voluntary delisting of the Company’s non-convertible Series D, E and F Debentures from TSX. In making the decision to delist, the Company considered, among other things, the fact that secondary market trading in Canadian non-convertible corporate bonds occurs predominantly via over-the-counter markets (OTC), and this decision allows our fixed income investors access to the deepest pool of liquidity. The total value of the Canadian corporate bond market is estimated at approximately $527 billion, according to the FTSE Canada Corporate Bond Index. Originally listed in July 2021, TMX Group’s Series D, E and F…
