6 August 2015 Completion of Public Consultation: Draft Terms for Auctions of Government of Canada Ultra-Long BondsFollowing the release of the draft Terms for Auctions of Government of Canada Ultra-Long Bonds (proposal) by the Bank of Canada, a three-week consultation period, ending 10 July 2015, was held.
As part of an exercise to test the operational readiness of existing standing swap arrangements with other central banks, the Bank of Canada will conduct a small-value Canadian-dollar operation with the Bank of England, drawing British pounds against Canadian dollars.
15 June 2015 Changes to Margin Requirements for the Bank of Canada’s Standing Liquidity Facility (SLF)As part of the ongoing review of the collateral policy related to the Bank of Canada’s Standing Liquidity Facility (SLF), the Bank has revised the margin requirements applied to certain securities accepted as SLF collateral.
The Government of Canada is considering moving to a modified auction format for any future issuance of 50-year bonds (ultra-long bonds).
In December 2014, the Payment Clearing and Settlement Act was amended to give the Bank of Canada responsibility for identifying and overseeing payments systems that have the potential to pose payments system risk (these will be referred to as prominent payment systems).