June 4, 2020
Press, Market notices, Press releases
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June 4, 2020
Economic progress report: keeping markets working
Deputy Governor Toni Gravelle discusses the Bank’s latest interest rate announcement and explains how efforts to keep financial markets functioning through the COVID-19 crisis will lay a solid foundation for economic recovery -
June 3, 2020
Bank of Canada Announces Changes to Term Repo Operations and Bankers’ Acceptance Purchase Facility
With substantial improvements in short-term funding conditions recently, as well as reduced participation since mid-April in the Bank’s extended Term Repo and Bankers’ Acceptance Purchase Facility (BAPF) operations, the Bank is making amendments to these programs. -
June 3, 2020
Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. -
June 1, 2020
Operational details for upcoming secondary market purchases of Government of Canada securities (June 8-June 19)
As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP).
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