Modification to the Operational Details for the Bank of Canada’s Primary Market Purchases of Canada Mortgage Bonds for Balance Sheet Management PurposesThe Bank of Canada (Bank) is announcing a modification to the operational details for its purchases of Canada Mortgage Bonds (CMB) for balance sheet management purposes.
As part of the regular management of the Bank of Canada’s (Bank) balance sheet, the Bank acquires assets to offset its liabilities, which consists mainly of bank notes in circulation and government deposits.
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.
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.
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.
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.