The results of today's term repo for balance sheet management purposes operation are as follows:

Auction Date: 19 December 2012
Settlement Date: 19 December 2012
Maturity Date: 11 January 2013
High yield: 1.03%
Low yield: 1.03%
Average Yield: 1.03%

Par Amount Transacted: $ 800,000,000

For further information please contact:

Jeremy Harrison
Media Relations
Bank of Canada
613 782-8782