Standard & Poor's Announces the S&P Canadian Bond Index Rebalancing Report for August 2007



    TORONTO, Aug. 27 /CNW/ - Standard & Poor's has completed the monthly
rebalancing of the S&P Canadian Bond Index. According to index methodology,
the universe of Canadian bonds is exhaustively reviewed to reflect changes in
par amount and term to existing index constituents. Qualifying new issues are
added to the index and existing constituents that no longer meet the criteria
for inclusion are removed.
    A complete list of bond issues entering and leaving the S&P Canadian Bond
Index after the close of August 31, 2007, as a result of the review follows at
the end of this release.
    Additions to and deletions from the S&P Canadian Bond Index do not in any
way reflect an opinion on the investment merits of the issuers concerned.
    For detailed information about the S&P Canadian Bond Index, please go to
http://www.canadabondindices.standardandpoors.com.

    About Standard & Poor's

    Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:  MHP), is
the world's foremost provider of financial market intelligence, including
independent credit ratings, indices, risk evaluation, investment research and
data. With approximately 7,500 employees, including wholly owned affiliates,
located in 21 countries, Standard & Poor's is an essential part of the world's
financial infrastructure and has played a leading role for more than 140 years
in providing investors with the independent benchmarks they need to feel more
confident about their investment and financial decisions. For more
information, visit http://www.standardandpoors.com.

    Founded in 1888, The McGraw-Hill Companies is a leading global
information services provider meeting worldwide needs in the financial
services, education and business information markets through leading brands
such as Standard & Poor's, BusinessWeek, McGraw-Hill Education and J.D. Power
and Associates. The Corporation has more than 290 offices in 38 countries.
Sales in 2005 were $6.0 billion. Additional information is available at
http://www.mcgraw-hill.com.


    
    Bonds Entering
    (effective date: after close of business August 31, 2007)

    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    CUSIP         Issue                Coupon       Maturity     Sector
                                          (%)           Date
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    12290ZHF6     Business Dev                                   Federal
                  Bank Canada          4.7500      02-Aug-11     Agencies
    -------------------------------------------------------------------------
    013062AA2     Alberta Treasury
                  Branch               4.4000      03-Dec-12     Provincials
    -------------------------------------------------------------------------
    36158ZBG0     GE Capital Canada
                  Funding              5.2900      17-Aug-12     Financials
    -------------------------------------------------------------------------
    36158ZBH8     GE Capital Canada
                  Funding              5.5300      17-Aug-17     Financials
    -------------------------------------------------------------------------
    780085RL2     Royal Bank           5.2000      15-Aug-12     Financials
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------


    Bonds Exiting
    (effective date: after close of business August 31, 2007)

    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    CUSIP         Issue                Coupon       Maturity     Sector
                                          (%)           Date
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    135087XN9     Canada               4.2500      01-Sep-08     Canadas
    -------------------------------------------------------------------------
    83357ZAC1     Sobeys Inc.          7.1600      26-Feb-18     Consumer
                                                                 Staples
    -------------------------------------------------------------------------
    83357ZAD9     Sobeys Inc.          6.0600      29-Oct-35     Consumer
                                                                 Staples
    -------------------------------------------------------------------------
    83357ZAE7     Sobeys Inc.          5.7900      06-Oct-36     Consumer
                                                                 Staples
    -------------------------------------------------------------------------
    064149MG9     Bank of Nova
                  Scotia               4.2950      22-Aug-08     Financials
    -------------------------------------------------------------------------
    13591ZJR2     CIBC                 4.4000      26-Aug-08     Financials
    -------------------------------------------------------------------------
    17310ZBF7     Citigroup Finance
                  Canada Inc.          4.3000      05-Aug-08     Financials
    -------------------------------------------------------------------------
    14911ZAD3     Caterpillar Inc.     4.5000      07-Aug-08     Industrials
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    




For further information:

For further information: Rachel Shain, Communications Manager, Standard
& Poor's, Toronto, (416) 507-2528; Fredric Berglund, Index Analyst, Standard &
Poor's, Toronto, (416) 507-4105

Organization Profile

Standard & Poor's Canadian Index Operations

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890