December 19, 2001
December 18, 2001
Government of Canada Pilot Bond Switch Program Launch: Operational FrameworkOn behalf of the Minister of Finance, the Bank of Canada announced today the operational framework for a pilot bond switch program. The program is designed to support the maintenance of a liquid Government of Canada new issue bond market through the exchange of less liquid outstanding bonds (repurchase bonds) into a benchmark bond (replacement bond).
December 14, 2001
Bank of Canada's target for the minimum daily level of Large Value Transfer System settlement balances confirmedOn 29 March 2001, the Bank of Canada announced an increase in the target for the minimum daily level of the Large Value Transfer System (LVTS) settlement balances from zero to $50 million on a trial basis, effective 2 April 2001.
December 4, 2001
Bank of Canada to acquire general collateral through term repurchase agreementsThe Bank of Canada today announced its intention to temporarily add assets to its balance sheet to offset the anticipated seasonal increase in the demand for bank notes. These operations have no monetary policy significance.
October 22, 2001
Terms and Conditions for the Expanded Bank of Canada Collateral List Effective 1 November 2001In July 2001, the Bank announced its intention to expand the list of collateral eligible for use in the Large Value Transfer System (LVTS), for loans made to direct participants in LVTS and the Automated Clearing Settlement System (ACSS), and to secure bank note withdrawals. Effective 1 November 2001, the list of eligible collateral will be expanded and will comprise the following:
October 4, 2001
Debt Management Operational EnhancementsA key federal debt strategy objective is maintaining a well-functioning market in Government of Canada securities. In keeping with the government's commitment to market consultations in domestic debt management issues, in August 2001 consultations were held with market participants on potential operational enhancements.
September 24, 2001
Revised comment period for the discussion paper on the Bank's repurchase programIn the discussion paper titled "Proposed repurchase program for the Bank of Canada's holdings of Government of Canada securities", comments on the Bank's proposal were requested by the end of September. Please note that this comment period has been extended to the end of October.
September 12, 2001
Government of Canada treasury bill and Real Return Bond auctions rescheduledIn light of the tragic circumstances that occurred in the U.S. yesterday that continue to disrupt trading activity in North American markets, the Government of Canada in conjunction with the Bank of Canada is making the following Debt Management announcements:
September 11, 2001
Government of Canada treasury bill auction and Cash Management Buyback scheduled to be held today are postponed and cancelled respectivelyIn light of extraordinary circumstances that have occurred in the U.S. today that have significantly disrupted trading activity, the Government of Canada in conjunction with the Bank of Canada are making the following Debt Management announcements:
August 10, 2001
Proposed Terms and Conditions for Auctions of Receiver General Cash BalancesOn behalf of the Minister of Finance, the Department of Finance and Bank of Canada are releasing today draft terms and conditions for participation in Receiver General auctions. These auctions are the means by which the government invests its short-term Canadian dollar cash balances.