In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 12 November, the Bank of Canada announced today that it will enter into a 28-day TLF transaction as follows:
In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector money market instruments announced on 31 October, the Bank of Canada announced today that it will enter into a 14-day term PRA transaction for private sector money market instruments as follows:
The Bank of Canada has today updated its Rules Governing Advances incorporating changes supporting the new Term Loan Facility announced 12 November 2008.
In light of the effect on its balance sheet of the extraordinary transactions being undertaken to provide term liquidity, the Bank of Canada is adjusting its purchase of nominal bonds at auctions.