They are often assigned high credit ratings, such as "AAA".

Series 48 bonds have been issued with a 2.400% interest rate, and specific series matured in December 2022.

These issuances often involve billions of dollars in principal amounts (e.g., C$17 billion in some offerings).

These bonds are issued to support mortgage funding in Canada.

Based on the context provided, "48 : Bonds" most commonly refers to , which are high-value, government-guaranteed financial instruments. Here are the key details regarding this reference:

A specific, older "Form FMC-48" surety bond for maritime financial responsibility.