Canadian pension fund CPP Investments to raise $372m in first 'reverse inquiry' bond

Canadian pension fund CPP Investments to raise $372m in first 'reverse inquiry' bond

Glass dome building in Toronto, Canada. Photo: Unsplash

Canada’s largest pension fund CPP Investments (CPPI) is set to raise C$500 million ($372 million) in its first “reverse inquiry” bond, a debt instrument that is issued in response to investor demand, a top official told Reuters.