Bank of Canada announces the minimum yield for today’s Banker’s Acceptance Purchase Facility operation

The minimum yield for today’s 1-month Banker’s Acceptance Purchase Facility (BAPF) operation is 0.63%.

Additional operational details are as follows:

Amount (billions) Reverse auction date Settlement date Eligible maturity range
$15 March 23, 2020 March 25, 2020 Up to May 4, 2020

Primary dealers are asked to submit their offers using the Bank provided submission spreadsheet between 9:00 (ET) and 9:30 (ET) on the day of the operation. Offers are to be submitted to operations@bankofcanada.ca. The results will be announced on the Bank’s website as soon as possible following the operation.

Further details related to these operations are available in the Terms and Conditions for Bankers’ Acceptance Purchase Facility.

Mark de Guzman
Director
Financial Markets Department
Bank of Canada
613-782-7245

Scott Kinnear
Director
Financial Markets Department
Bank of Canada
613-782-7723

Media Relations
Bank of Canada
613-782-8782

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