Securities Lending Program

Learn about the program, access information about operations and reporting, and find key contacts and related notices.

Program details

The Bank of Canada’s Securities Lending Program (SLP) provides a temporary source of Government of Canada nominal bonds and treasury bills to primary dealers to support liquidity in the securities financing market. The Bank makes a portion of its holdings of these securities available on an overnight basis through daily securities lending operations. The program is consistent with best practices at other central banks and with recommendations from the Bank for International Settlements regarding managing the impact of large-scale asset purchases on market functioning.

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

Operations

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Upcoming operations

Details for the next operation—including maximum operation amount and minimum securities lending fee—will be provided in this table on the morning of the operation. Typically, the Bank of Canada will make up to 50 per cent of its holdings of eligible Government of Canada securities available to the market on a given day; however, the exact list and amounts of offered securities will be at the Bank’s discretion.

Overview

Operation date Maturity date Operation amount ($M) Minimum bid fee (bps)

Results

Overview

Results will be updated in this table shortly after each operation.

Operation date Maturity date Operation amount ($M) Total allocated amount ($M) Minimum bid fee (bps)
2026-02-25 2026-02-26 50,000 1,251 15.0
2026-02-24 2026-02-25 50,000 1,332 15.0
2026-02-23 2026-02-24 50,000 758 15.0
2026-02-20 2026-02-23 50,000 765 15.0
2026-02-19 2026-02-20 50,000 625 15.0

Details

Operation date Maturity date Coupon rate Security maturity date ISIN Security type Allocated amount ($M) Low bid fee (bps) Average bid fee (bps) High bid fee (bps)
2026-02-25 2026-02-26 0.250 2026-03-01 CA135087L518 Bond 285 15.0 15.0 15.0
2026-02-25 2026-02-26 1.000 2026-09-01 CA135087L930 Bond 25 15.0 15.0 15.0
2026-02-25 2026-02-26 1.250 2027-03-01 CA135087M847 Bond 16 15.0 15.0 15.0
2026-02-25 2026-02-26 8.000 2027-06-01 CA135087VW17 Bond 68 15.0 15.0 15.0
2026-02-25 2026-02-26 2.000 2028-06-01 CA135087H235 Bond 292 15.0 15.0 15.0
2026-02-25 2026-02-26 5.750 2029-06-01 CA135087WL43 Bond 23 15.0 15.0 15.0
2026-02-25 2026-02-26 5.000 2037-06-01 CA135087XW98 Bond 542 15.0 15.0 15.0
2026-02-24 2026-02-25 0.250 2026-03-01 CA135087L518 Bond 162 15.0 15.0 15.0
2026-02-24 2026-02-25 1.000 2026-09-01 CA135087L930 Bond 12 15.0 15.0 15.0
2026-02-24 2026-02-25 8.000 2027-06-01 CA135087VW17 Bond 68 15.0 15.0 15.0
2026-02-24 2026-02-25 2.000 2028-06-01 CA135087H235 Bond 505 15.0 15.0 15.0
2026-02-24 2026-02-25 5.750 2029-06-01 CA135087WL43 Bond 23 15.0 15.0 15.0
2026-02-24 2026-02-25 5.000 2037-06-01 CA135087XW98 Bond 562 15.0 15.0 15.0
2026-02-23 2026-02-24 0.250 2026-03-01 CA135087L518 Bond 355 15.0 15.0 15.0
2026-02-23 2026-02-24 1.000 2027-06-01 CA135087F825 Bond 48 15.0 15.0 15.0
2026-02-23 2026-02-24 8.000 2027-06-01 CA135087VW17 Bond 68 15.0 15.0 15.0
2026-02-23 2026-02-24 2.000 2028-06-01 CA135087H235 Bond 155 15.0 15.0 15.0
2026-02-23 2026-02-24 5.750 2029-06-01 CA135087WL43 Bond 23 15.0 15.0 15.0
2026-02-23 2026-02-24 5.000 2037-06-01 CA135087XW98 Bond 109 15.0 15.0 15.0
2026-02-20 2026-02-23 0.250 2026-03-01 CA135087L518 Bond 325 15.0 15.0 15.0
2026-02-20 2026-02-23 1.000 2027-06-01 CA135087F825 Bond 93 15.0 15.0 15.0
2026-02-20 2026-02-23 8.000 2027-06-01 CA135087VW17 Bond 70 15.0 15.0 15.0
2026-02-20 2026-02-23 2.000 2028-06-01 CA135087H235 Bond 140 15.0 15.0 15.0
2026-02-20 2026-02-23 5.750 2029-06-01 CA135087WL43 Bond 28 15.0 15.0 15.0
2026-02-20 2026-02-23 5.000 2037-06-01 CA135087XW98 Bond 109 15.0 15.0 15.0
2026-02-19 2026-02-20 0.250 2026-03-01 CA135087L518 Bond 334 15.0 15.0 15.0
2026-02-19 2026-02-20 1.000 2027-06-01 CA135087F825 Bond 58 15.0 15.0 15.0
2026-02-19 2026-02-20 8.000 2027-06-01 CA135087VW17 Bond 70 15.0 15.0 15.0
2026-02-19 2026-02-20 2.000 2028-06-01 CA135087H235 Bond 85 15.0 15.0 15.0
2026-02-19 2026-02-20 5.750 2029-06-01 CA135087WL43 Bond 39 15.0 15.0 15.0
2026-02-19 2026-02-20 5.000 2037-06-01 CA135087XW98 Bond 39 15.0 15.0 15.0
2026-02-18 2026-02-19 0.250 2026-03-01 CA135087L518 Bond 230 15.0 15.0 15.0
2026-02-18 2026-02-19 1.000 2026-09-01 CA135087L930 Bond 84 15.0 15.0 15.0
2026-02-18 2026-02-19 1.000 2027-06-01 CA135087F825 Bond 114 15.0 15.0 15.0
2026-02-18 2026-02-19 8.000 2027-06-01 CA135087VW17 Bond 70 15.0 15.0 15.0
2026-02-18 2026-02-19 2.000 2028-06-01 CA135087H235 Bond 164 15.0 15.0 15.0
2026-02-18 2026-02-19 5.750 2029-06-01 CA135087WL43 Bond 13 15.0 15.0 15.0
2026-02-18 2026-02-19 5.000 2037-06-01 CA135087XW98 Bond 39 15.0 15.0 15.0
2026-02-13 2026-02-17 0.250 2026-03-01 CA135087L518 Bond 160 15.0 15.0 15.0
2026-02-13 2026-02-17 1.000 2027-06-01 CA135087F825 Bond 149 15.0 15.0 15.0
2026-02-13 2026-02-17 8.000 2027-06-01 CA135087VW17 Bond 71 15.0 15.0 15.0
2026-02-13 2026-02-17 2.000 2028-06-01 CA135087H235 Bond 267 15.0 15.0 15.0
2026-02-13 2026-02-17 5.750 2029-06-01 CA135087WL43 Bond 12 15.0 15.0 15.0
2026-02-13 2026-02-17 5.750 2033-06-01 CA135087XG49 Bond 28 15.0 15.0 15.0
2026-02-13 2026-02-17 5.000 2037-06-01 CA135087XW98 Bond 137 15.0 15.0 15.0
2026-02-10 2026-02-11 0.250 2026-03-01 CA135087L518 Bond 455 15.0 15.0 15.0
2026-02-10 2026-02-11 8.000 2027-06-01 CA135087VW17 Bond 68 15.0 15.0 15.0
2026-02-10 2026-02-11 2.000 2028-06-01 CA135087H235 Bond 637 15.0 15.0 15.0
2026-02-10 2026-02-11 5.750 2029-06-01 CA135087WL43 Bond 29 15.0 15.0 15.0
2026-02-10 2026-02-11 5.000 2037-06-01 CA135087XW98 Bond 368 15.0 15.0 15.0
2026-02-09 2026-02-10 0.250 2026-03-01 CA135087L518 Bond 405 15.0 15.0 15.0
2026-02-09 2026-02-10 1.000 2027-06-01 CA135087F825 Bond 1 15.0 15.0 15.0
2026-02-09 2026-02-10 8.000 2027-06-01 CA135087VW17 Bond 68 15.0 15.0 15.0
2026-02-09 2026-02-10 2.000 2028-06-01 CA135087H235 Bond 554 15.0 15.0 15.0
2026-02-09 2026-02-10 2.250 2029-06-01 CA135087J397 Bond 40 15.0 15.0 15.0
2026-02-09 2026-02-10 5.750 2029-06-01 CA135087WL43 Bond 18 15.0 15.0 15.0
2026-02-09 2026-02-10 5.000 2037-06-01 CA135087XW98 Bond 40 15.0 15.0 15.0

Reporting

The Bank’s individual holdings of all Government of Canada securities and federal government guaranteed debt securities issued by federal Crown corporations are available at Bank of Canada holdings.

Key contacts


Director
Financial Markets Department
Bank of Canada


Assistant Director
Financial Markets Department
Bank of Canada

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