Market Notices

• December 15, 2007

  Bank of Canada response to announcement by Pan-Canadian Investors Committee

  The Bank of Canada is pleased that substantial progress towards establishing a broad framework for the restructuring of the third-party structured asset-backed commercial paper (ABCP) under the Montreal Accord has been made by the parties involved.

  Content Type(s): Press, Market notices
• December 13, 2007

  Results of the 13 December 2007 Term PRA Transaction

  The results of today's term PRA operations

  Content Type(s): Press, Market notices
• December 12, 2007

  Expansion of List of Securities Eligible as Collateral for Use Under Bank of Canada Standing Liquidity Facility

  Under its Standing Liquidity Facility (SLF), the Bank of Canada is prepared to provide liquidity on a daily basis to financial institutions that participate directly in the payments systems operated by the Canadian Payments Association. Loans made by the Bank of Canada must be fully collateralized.

  Content Type(s): Press, Market notices
• December 12, 2007

  Bank of Canada Temporarily Expands List of Securities Eligible for Term PRA Transactions

  Today, the Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank are announcing measures designed to address elevated pressures in short-term funding markets.

  Content Type(s): Press, Market notices
• November 15, 2007

  Debt Strategy Consultations 2008/09 Views Sought on Issues Relating to the Government's Domestic Debt Program for 2008/09 and Beyond

  A consultation document on issues relating to the design and operation of the government's domestic debt program for the fiscal year 2008/09 and beyond, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today.

  Content Type(s): Press, Market notices
• June 28, 2007

  Governor's comment on resignation of IMF's Managing Director Rodrigo de Rato

  Mr. de Rato has been a strong leader and a driving force behind renewing the IMF to meet the global challenges of the 21st century. We at the Bank of Canada are very sorry that he will be leaving. His departure will be a big loss for the international community.

  Content Type(s): Press, Market notices
• June 19, 2007

  Change to the Official Time Base Reference Period for the Canadian Consumer Price Index: Implications for Government of Canada Real Return Bonds

  Today, along with the release of the consumer price index (CPI) for May 2007, Statistics Canada converted the official time base reference period for the CPI (the period for which the value 100 is assigned to the index) from 1992 to 2002 . This conversion was previously announced on 23 January 2007.

  Content Type(s): Press, Market notices
• May 17, 2007

  The Bank of Canada's Target for the Overnight Interest Rate: Policy Implementation Framework

  The Bank of Canada has released The Bank of Canada's Target for the Overnight Interest Rate: Policy Implementation Framework. This document outlines the framework within which the Bank implements monetary policy, including the target for the overnight interest rate, the operating band, open market buyback operations, and settlement balances.

  Content Type(s): Press, Market notices
• May 10, 2007

  Spring 2007 Consultations Document – Auction Plan for Real Return Bonds

  In April 2007, officials from the Department of Finance and the Bank of Canada sought the views of institutional investors, government securities distributors, and other interested parties regarding the auction plan for Real Return Bonds (RRBs). The consultations were undertaken in view of the announcement, in the Debt Management Strategy for 2007/08, of an increase in the issuance of RRBs to slightly over $2 billion.

  Content Type(s): Press, Market notices
• April 17, 2007

  Update of Securities Eligible as collateral under the Bank of Canada's Standing Liquidity Facility

  Effective immediately, the Bank of Canada has updated its list of securities eligible as collateral under the Standing Liquidity Facility to include foreign issuer Canadian dollar securities. Foreign issuer securities are subject to the conditions and margins as identified in the Bank's collateral policy as posted on the Bank of Canada website.

  Content Type(s): Press, Market notices