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Taxation and bond market investment strategies: Evidence from the market for Government of Canada bonds

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Figure

Table 1:  Shares of holdings of outstanding Government of Canada marketable bonds by investor type (percentage points)
Table 2:  Average Pre-Tax and After-Tax Yields and Coupon Rates for Bond Pairs (percent)
Table 3:  Pre-Tax Yield on High Coupon Bond Minus Pre-Tax Yield on Low Coupon Bond
Figure 1: After-Tax Yields on Bonds with Different Coupon Rates and the Same Pre-Tax Yield (tax rate on other income=.464096, pre-tax yield=4.1 percent)
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