Bank of Canada cancels today’s Securities Repo Operation due to internal systems issue

The Bank of Canada has cancelled the Securities Repo Operation (SRO) for March 2, 2022 after a data processing issue prevented the settlement of this morning’s auction. The affected primary dealers have been informed. The problem has been clearly identified as an internal systems issue, and is being resolved. The Bank plans to conduct its regular SRO tomorrow. SROs are routine market operations that promote liquidity in the securities financing market.


Director
Financial Markets Department
Bank of Canada
613‑782‑7723


Director
Financial Markets Department
Bank of Canada
613‑782‑7245

Media Relations
Bank of Canada

Content Type(s): Press, Market notices