Change theme
Change theme

Bank of Canada to delay bond auction in observance of federal Day of Mourning; will support key payment and settlement systems as well as financial markets

In observance of the federal Day of Mourning to mark the death of Queen Elizabeth II, the Bank of Canada will postpone the auction of 10-year Government of Canada bonds that had been scheduled for Monday, September 19.

The auction of 10-year bonds will now take place on Thursday, September 22. Consequently, the auction of 5-year bonds that had been scheduled for September 22 is being rescheduled to Monday, September 26. The auction of 2-year notes that will take place on Thursday, September 15 will settle on September 19 as previously scheduled. The quarterly bond schedule will be updated to reflect these changes.

The Bank will conduct all other regular operations on September 19 that support key payment and settlement systems as well as financial markets. The Bank of Canada notes that Payments Canada will operate Canada’s Clearing and Settlement Systems on September 19. As such, the Bank will provide normal-course support to these critical financial market infrastructures. In addition, to foster the well-functioning of the Government of Canada securities market and to support the effective implementation of monetary policy, the Bank will conduct Securities Repo Operations (SROs) and Overnight Reverse Repo Operations.


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


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


Director, Payment and Settlement Operations
Banking and Payments Department
Bank of Canada
613‑782‑8127

Media Relations
Bank of Canada