October 19, 2020
COVID-19: Actions to Support the Economy and Financial System
Learn about the economic impact of the COVID-19 pandemic and the Bank’s actions to support the Canadian economy and financial system.
Learn about the economic impact of the COVID-19 pandemic and the Bank’s actions to support the Canadian economy and financial system.
Market Notices
October 19, 2020
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.
The Bank of Canada launches the CORRA Advisory Group
Content Type(s):
Press,
Market notices
Source(s):
CORRA Advisory Group
October 19, 2020
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).
Operational details for upcoming secondary market purchases of Government of Canada securities (October 26-November 6)
Content Type(s):
Press,
Market notices
Source(s):
Government of Canada Bond Purchase Program
October 15, 2020
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.
Bank of Canada announces changes to programs that support key financial markets
Content Type(s):
Press,
Market notices
Source(s):
Bankers’ Acceptance Purchase Facility,
Canada Mortgage Bond Purchase Program,
Term Repo Operations
October 6, 2020
In May, the Bank of Canada introduced a Corporate Bond Purchase Program (CBPP) to support the liquidity and proper functioning of the corporate debt market.
Corporate Bond Purchase Program expanded to buy-side participants
Content Type(s):
Press,
Market notices
Source(s):
Corporate Bond Purchase Program
Upcoming Events
October 28, 2020
Interest Rate Announcement & Monetary Policy Report
October 28, 2020
Press Conference: Monetary Policy Report
November 6, 2020
The John Kuszczak Memorial Lecture
November 11, 2020
Remembrance Day
November 12, 2020
Speech: Carolyn A. Wilkins, Senior Deputy Governor
Canadian Foreign Exchange Committee
CFEC is composed of senior officers from financial institutions actively involved in Canada’s foreign exchange market and the Canadian dollar market globally.
Along with CFEC members, the Bank of Canada is committed to adhering to the FX Global Code, a set of principles generally recognised as good practice in the wholesale foreign exchange market. To this end the Bank of Canada has issued its Statement of Commitment.
Canadian Fixed-Income Forum
CFIF is a senior level industry-wide committee established by the Bank of Canada to discuss developments in fixed-income market structure and functioning, market practices, and related policy issues.
Canadian Alternative Reference Rate Working Group
CARR was created to identify and seek to develop a new term risk-free Canadian dollar interest rate benchmark.
About Financial Markets
Financial markets consist of markets for money, bonds, equities, derivatives, and foreign exchange. They are one of the three elements of Canada's financial system.
Market Operations and Liquidity Provision
The Bank of Canada has a number of permanent facilities used to conduct market operations.
Government Securities Auctions
The government's public debt consists largely of outstanding government securities, such as treasury bills and marketable bonds. The Bank sells the securities at auction to financial market distributors and dealers.
Calls for Tenders and Results
The government's public debt (also called domestic debt or federal debt) consists largely of outstanding government securities, such as treasury bills and marketable bonds.
Selected Treasury Bill Yields
1, 3, 6 and 12 month treasury bill data.
Bank of Canada Holdings
This document sets out the policy governing the acquisition and management of domestic financial assets for the Bank of Canada’s balance sheet.