Contingent Term Repo Facility

Learn about the program and its reporting, and access its key contacts and related notices.

Program details

The Contingent Term Repo Facility (CTRF) is the Bank of Canada’s standing repo facility to counter any severe market-wide liquidity stresses and support the stability of the Canadian financial system. The CTRF offers Canadian dollar funding for 1-month to eligible counterparties on a standing, bilateral basis against securities issued or guaranteed by the Government of Canada or a provincial government.

Terms and conditions

To participate in the CTRF, submit the following materials to the Bank by :

By 12:00 noon (ET) on a business day when the facility is active, eligible and pre-approved participants must inform the Bank by that they want to access the facility.

For operational details, please see the full terms and conditions for this program.

Reporting

Every Friday on the Bank’s weekly balance sheet, the CTRF transactions will be reported at an aggregate level under “Securities purchased under resale agreements”.

Note: Due to confidentiality considerations, the names of individual participants will not be published.

Key contacts


Director
Financial Markets Department
Bank of Canada
613-782-7723


Director
Financial Markets Department
Bank of Canada
613-782-7245


Director
Financial Markets Department
Bank of Canada
403-956-4532

Related notices