Market Notices

  • February 15, 2007 Temporary measures to reinforce the target for the overnight rate

    On 9 March 2006, the Bank of Canada announced temporary measures to reinforce its target for the overnight rate. Specifically, the Bank announced that it would reduce the target for settlement balances to zero and, on a temporary basis, no longer commit to neutralizing all of the Sale and Repurchase Agreements (SRAs) conducted.
    Content Type(s): Press, Market Notices

About

Follow the Bank