Bank of Canada Announces Further Enhancements to its Standing Term Liquidity Facility (STLF)

Following the launch of the Bank of Canada’s new Standing Term Liquidity Facility (STLF), the terms and conditions have been revised to include term of up to ninety (90) days. Renewal and early repayment are at the Bank of Canada’s discretion. Under the STLF, the Bank can provide loans to eligible financial institutions in need of temporary liquidity support and where the Bank has no concerns about their financial soundness.

The Bank of Canada continues to closely monitor global and domestic market developments and remains committed to providing all the liquidity the financial system needs so that it can continue to serve Canadians.

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

Natasha Khan
Director
Financial Stability Department
Bank of Canada
613-782-7971

Media Relations
Bank of Canada
613-782-8782