May 12, 2009
Results of the 12 May 2009 Term PRA Transaction for Private Sector Instruments
Results of today's term PRA operations.
Uncategorized
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May 11, 2009
Results of the 11 May 2009 Term PRA Transaction
Results of today's term PRA operations. -
May 8, 2009
Bank of Canada Announces Details of its Term Loan Facility Operation
In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 24 April (see schedule), the Bank of Canada announced today that it will conduct a TLF operation. -
May 8, 2009
Bank of Canada Announces Details of its Term PRA for Private Sector Instruments Operation
In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector instruments announced on 24 April (see schedule), the Bank of Canada announced today that it will conduct a term PRA operation for private sector instruments. -
May 8, 2009
Bank of Canada Announces Details of its Term PRA Operation
In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 21 April (see schedule), the Bank of Canada announced today that it will conduct a term PRA operation. -
May 6, 2009
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
These are difficult economic times, with the Canadian economy being buffeted by an intense and synchronized global recession. In recent months, that global recession has been exacerbated by delays in implementing measures to restore financial stability around the world. -
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May 5, 2009
Results of the 5 May 2009 Term PRA Transaction for Private Sector Instruments
Results of today's term PRA operations. -
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Real Effects of Price Stability with Endogenous Nominal Indexation
We study a model with repeated moral hazard where financial contracts are not fully indexed to inflation because nominal prices are observed with delay as in Jovanovic & Ueda (1997).