CanPX Corp. announced today that domestic and foreign investors can now access market information on corporate bonds traded in the domestic marketplace.

The CanPX system will provide investors with real-time bid and offer prices and hourly trade data taken from the dealing desks of the six market makers in corporate bonds.

In the initial phase, the CanPX system will provide pricing information on 20 corporate bonds with the specific bond issues representative of the retail and institutional markets’ interest. The corporate bond displayed in the system will be displaced over time by other corporate bonds that become more representative of the marketplace.

At the end of August, CanPX plans to release market data on 80-100 provincial bond issues that trade in the inter-dealer markets.

The provincial format will display in real time bid and offered yields for individual provincial bond issues, expressed as a spread over similar maturity benchmark Canada bonds; the bid-offered transaction size for each issue; the coupon and maturity of the referenced Canada bonds; and the bid-offer yield for the provincial issue, together with the last traded yield and cumulative traded volume.

CanPX has delayed the release of provincial bond information for several months because of technical problems.. CanPX explains that it had to develop a real-time configuration process that dynamically includes for display all provincial bonds that start to trade in the inter-dealer marketplace, and remove provincial bonds from the transparency system that cease trading in the inter- dealer market after an extended period of time. Provincial bonds were also delayed because of technical problems associated with the amalgamation of two contributing inter-dealer brokers, which have since been resolved.

CanPX will make the foregoing corporate bond data and provincial bond date available free-of-charge for a 60-day trial period following the release of these respective products.

Investors can click on the announcements page (www.CanPX.ca) to download the CanPX viewer and instructions to obtain a user name and password for CanPX products. Access to the CanPX system is also available through selected vendors.

Domestic and foreign investors have been able to access comprehensive real-time data for Government of Canada treasury bills and bonds since March of this year. Effective August 20, 2001, the CanPX Government of Canada Treasury Bill and Bond product will be converted from the free trial period to a monthly subscription fee of $35. This fee will also include the Corporate and Provincial Bond products as they become available. Interested subscribers should contact their information vendor or CanPX@MoneyLine.ca.

CanPX is a joint venture of ten IDA member firms, including BMO Nesbitt Burns Inc., Casgrain & Co., CIBC World Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Canada Inc., Merrill Lynch Canada Inc., National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Markets Inc., and TD Securities Inc. and the four inter-dealer brokers including Freedom International Brokerage Co., Prebon Yamane (Canada) Ltd., Shorcan Brokers Ltd. and Tullet and Tokyo Liberty Ltd.