TORONTO, July 9 (Reuters) - The Bank of Canada said on

Thursday it has bought back C$845.76 million ($729.1 million)

of two outstanding issues of government bonds in a switch

operation.

Those bonds will be replaced by a 4.0 percent bond due June

1, 2041. There were eight eligible issues for repurchase.

Settlement date is July 14.

Further details follow.

Bonds for repurchase:

Maturity Coupon rate Amount Outstanding

Repurchased

2021.03.15 10.500 C$0 C$663,361,000

2021.06.01 9.750 C$0 C$352,523,000

2022.06.01 9.250 C$0 C$234,636,000

2023.06.01 8.000 C$300,000,000 C$4,149,000,000

2025.06.01 9.000 C$545,763,000 C$3,355,345,000

2027.06.01 8.000 C$0 C$6,471,435,000

2029.06.01 5.750 C$0 C$12,804,867,000

2033.06.01 5.750 $0 C$13,410,295,000

Replacement bond:

Maturity Coupon Rate Issued Amount Outstanding

2041.06.01 4.000 C$700,000,000 C$6,400,000,000

($1=$1.16 Canadian)

(Reporting by Jennifer Kwan; editing by Peter Galloway)

((jennifer.kwan@thomsonreuters.com; +1 416 941 8178; Reuters

Messaging: jennifer.kwan.reuters.net@reuters.com))

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