"The Canadian 3-year bond is a bond issued by the Canadian government with a maturity of 3 years. This bond is usually used as a medium-term investment tool, and its yield is high, but the risk is relatively high.

The issuance of Canadian 3-year government bonds is carried out by the Canadian government on a regular basis, usually through public bidding. The bond has a face value of C$1,000 and investors can buy the bond at face value. Its yield is determined based on market supply and demand, if the market demand for the bond is high then its yield will decrease and vice versa. The bond's interest rate is a pre-tax return, and investors are required to pay appropriate federal and provincial taxes.

The Canadian 3-Year Bond is typically a fixed-income security, meaning investors will receive a fixed interest rate and principal when the bond matures. Due to the short term of this kind of treasury bond, its risk is relatively low, which is suitable for investors who want to obtain higher yield but have relatively low risk tolerance.

It should be noted that the price and yield of treasury bonds are opposite. When the market interest rate rises, the price of the treasury bond will fall, and when the market interest rate falls, the price of the treasury bond will rise. Therefore, investors should make investment decisions based on changes in market interest rates.

In summary, the Canadian 3-year Treasury Bond is a medium-term investment tool suitable for investors who want a higher yield but have a relatively low risk tolerance. Investors should understand its rate of return and risks in order to make informed investment decisions. "