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Ontario prices C$750 mln 4.4 pct bonds due 2019

Mon Nov 16, 2009 10:50am EST

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NEW YORK, Nov 16 (Reuters) - Ontario priced C$750 million ($721 million) of 10-year bonds on Monday in a reopening of an existing 4.4 percent issue, according to a term sheet seen by Reuters.

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The bonds were priced to yield 4.11 percent, or 66 basis points over the Canadian government benchmark, according to the term sheet.

The lead manager is the investment banking arm of Bank of Montreal (BMO.TO).

The Ontario issue currently trades at about 66 basis points over the Canadian government benchmark <CA/PROV>.

Further details are available at NEWISSUET.

($1=$1.04 Canadian) (Reporting by Caryn Trokie; Editing by Theodore d'Afflisio)

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