Market notices

• November 24, 2020

  Canadian Alternative Reference Rate Working Group Launches Consultation

  The Canadian Alternative Reference Rate working group (CARR) published a consultation paper today on a proposed methodology for calculating CORRA-in-arrears as well as draft fallback language for floating rate notes (FRNs) that reference CDOR.

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
• November 16, 2020

  Operational details for upcoming secondary market purchases of Government of Canada securities (November 23 - December 4)

  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).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• November 9, 2020

  Return to the Government of Canada Treasury Bill Standard Terms for Auctions

  The Bank of Canada today announced a return to normal standard terms for auctions of Government of Canada Treasury Bills.

  Content Type(s): Press, Market notices
• November 9, 2020

  Bank of Canada announces amendments to targeted facilities and programs that support liquidity and short-term funding markets

  Reflecting the continued improvement in the functioning of short-term funding markets and financial markets more generally, the Bank of Canada (the Bank) is announcing amendments to the Provincial Money Market Purchase (PMMP) program and to the amount of Government of Canada treasury bills acquired at auction.

  Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program, Standing Term Liquidity Facility
• November 3, 2020

  Changes to the Frequency of Government of Canada Treasury Bills auctions

  The Bank of Canada, acting as fiscal agent of the Government of Canada, and the Department of Finance are announcing a change to the frequency of Treasury Bill auctions to help manage the Government of Canada’s current large cash holdings.

  Content Type(s): Press, Market notices
• November 2, 2020

  Operational details for upcoming secondary market purchases of Government of Canada securities (November 9-20)

  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).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• October 19, 2020

  CARR’s mandate expanded to include analysis of CDOR

  The Canadian Fixed Income Forum (CFIF) has expanded the mandate of the Canadian Alternative Reference Rate working group (CARR) to include an analysis of the Canadian Dollar Offered Rate (CDOR).

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
• October 19, 2020

  The Bank of Canada launches the CORRA Advisory Group

  Earlier this year, the Bank of Canada became the administrator of the Canadian Overnight Repo Rate Average (CORRA) and since June has published this Canadian interest rate benchmark on its website using an improved methodology.

  Content Type(s): Press, Market notices Source(s): CORRA Advisory Group
• October 19, 2020

  Operational details for upcoming secondary market purchases of Government of Canada securities (October 26-November 6)

  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).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• October 15, 2020

  Bank of Canada announces changes to programs that support key financial markets

  As overall financial market conditions continue to improve in Canada, usage in several of the Bank of Canada’s programs that support the functioning of key financial markets has declined significantly.

  Content Type(s): Press, Market notices Source(s): Bankers’ Acceptance Purchase Facility, Canada Mortgage Bond Purchase Program, Term repo operations