In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector money market instruments announced on 20 January, the Bank of Canada announced today that it will enter into a 14-day term PRA transaction for private sector money market instruments.
In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 20 January, the Bank of Canada announced today that it will enter into a 28-day TLF transaction.
To address continued pressures in global U.S. dollar funding markets, the temporary reciprocal currency arrangements (swap lines) between the Federal Reserve and other central banks have been extended to 30 October 2009.
In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 20 January, the Bank of Canada announced today that it will enter into a 35-day term PRA transaction.