Following the previous announcement regarding Additional Measures to Support Market Functioning, the Bank is announcing today that it is activating the Contingent Term Repo Facility (CTRF) effective Monday April 6, 2020 and that it will remain open for the next 12 months.
As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $417 million of provincial treasury bills and/or promissory notes.
As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $336.116 million of provincial treasury bills and/or promissory notes.