Announcements

  • November 29, 2000

    Government of Canada Pilot Cash Management Bond Buyback Program Launch: Operational Framework

    On behalf of the Minister of Finance, the Bank of Canada announced today that the government will be proceeding on a pilot basis with a bond buyback program for cash management purposes. The program is designed to reduce the peak levels of government cash balances needed to redeem large upcoming maturities of Government of Canada marketable bonds. Design of the operational framework has been based on consultations with market participants.
    Content Type(s): Press, Announcements
  • June 15, 2000

    Response to IDA Reconstitution Proposal

    The strip bond sub-committee of the Investment Dealers Association (IDA), in a letter dated June 23, 1999, has recommended that “the current ceiling on reconstitution of bonds should be removed to allow reconstitution beyond the quantity stripped by book entry, which at times may be beyond the original issue size”.
    Content Type(s): Press, Announcements

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