G1 - General Financial Markets - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-19T12:38:14+00:00A Primer on the Canadian Bankers’ Acceptance Market
https://www.bankofcanada.ca/2018/06/staff-discussion-paper-2018-6/
This paper discusses how the bankers’ acceptance (BA) market in Canada is organized and its essential link to the Canadian Dollar Offered Rate (CDOR). Globally, BAs are a niche product used only in a limited number of jurisdictions.2018-06-18T06:00:56+00:00enA Primer on the Canadian Bankers’ Acceptance Market2018-06-18Financial institutionsFinancial marketsFinancial system regulation and policiesMarket structure and pricingStaff Discussion Paper 2018-6https://www.bankofcanada.ca/wp-content/uploads/2018/06/SDP-2018-6.pdfA Primer on the Canadian Bankers’ Acceptance MarketKaetlynd McRaeDanny AugerJune 2018GG1G18G2G21G23Ambiguity, Nominal Bond Yields and Real Bond Yields
https://www.bankofcanada.ca/2018/06/staff-working-paper-2018-24/
Equilibrium bond-pricing models rely on inflation being bad news for future growth to generate upward-sloping nominal yield curves. We develop a model that can generate upward-sloping nominal and real yield curves by instead using ambiguity about inflation and growth.2018-06-12T11:02:04+00:00enAmbiguity, Nominal Bond Yields and Real Bond Yields2018-06-12Asset pricingFinancial marketsInterest ratesStaff Working Paper 2018-24https://www.bankofcanada.ca/wp-content/uploads/2018/06/swp2018-24.pdfAmbiguity, Nominal Bond Yields and Real Bond YieldsGuihai ZhaoJune 2018EE4E43GG0G00G1G12The Bank of Canada’s Financial System Survey
https://www.bankofcanada.ca/wp-content/uploads/2018/06/fsr-june18-bedard-page.pdf
This report presents the details of a new semi-annual survey that will improve the Bank of Canada’s surveillance across the financial system and deepen efforts to engage with financial system participants. The survey collects expert opinions on the risks to and resilience of the Canadian financial system as well as on emerging trends and financial innovations. The report presents an overview of the survey and provides high-level results from the spring 2018 survey.2018-06-07T11:49:39+00:00enThe Bank of Canada’s Financial System Survey2018-06-07Covered Bonds as a Source of Funding for Banks’ Mortgage Portfolios
https://www.bankofcanada.ca/wp-content/uploads/2018/06/fsr-june18-ahnert.pdf
The author traces developments in the Canadian covered bond market. Covered bonds could be a valuable way to provide a stable and diverse source of funding, particularly for smaller banks. However, higher issuance could increase banks’ vulnerability to liquidity stress, with implications for the broader financial system. The author argues that these benefits and challenges can be balanced in a well-designed policy framework.2018-06-07T11:46:21+00:00enCovered Bonds as a Source of Funding for Banks’ Mortgage Portfolios2018-06-07Establishing a Resolution Regime for Canada’s Financial Market Infrastructures
https://www.bankofcanada.ca/wp-content/uploads/2018/06/fsr-june18-woodman.pdf
This report highlights how an effective resolution regime promotes financial stability. It does this by ensuring that financial market infrastructures (FMIs) would be able to continue to provide their critical functions during a period of stress when an FMI’s own recovery measures were failing. The report explains the Bank of Canada’s new role as the resolution authority for FMIs, which will further bolster financial system resilience.2018-06-07T11:17:49+00:00enEstablishing a Resolution Regime for Canada’s Financial Market Infrastructures2018-06-07