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Securities Repo Operations

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

Program details

The Bank of Canada’s Securities Repo Operations (SROs) program 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 repurchase 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 rate—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.

Operation date Maturity date Maximum operation amount ($M) Maximum Bid Rate

Results

Overview

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

Operation date Maturity date Maximum operation amount ($M) Total allocated amount ($M) Maximum Bid Rate
2024-05-29 2024-05-30 50,000 4,205 4.850
2024-05-28 2024-05-29 50,000 3,773 4.850
2024-05-27 2024-05-28 50,000 4,241 4.850
2024-05-24 2024-05-27 50,000 4,183 4.850
2024-05-23 2024-05-24 50,000 4,400 4.850

Details

Operation date Maturity date Coupon rate Security maturity date ISIN Security type Allocated amount ($M) Low Rate Average Rate High Rate
2024-05-29 2024-05-30 2.500 2024-06-01 CA135087B451 Bond 600 4.850 4.850 4.850
2024-05-29 2024-05-30 1.500 2024-09-01 CA135087J967 Bond 795 4.850 4.850 4.850
2024-05-29 2024-05-30 0.750 2024-10-01 CA135087M508 Bond 956 4.850 4.850 4.850
2024-05-29 2024-05-30 1.250 2025-03-01 CA135087K528 Bond 136 4.850 4.850 4.850
2024-05-29 2024-05-30 9.000 2025-06-01 CA135087VH40 Bond 39 4.850 4.850 4.850
2024-05-29 2024-05-30 0.500 2025-09-01 CA135087K940 Bond 12 4.850 4.850 4.850
2024-05-29 2024-05-30 0.250 2026-03-01 CA135087L518 Bond 304 4.850 4.850 4.850
2024-05-29 2024-05-30 1.500 2026-06-01 CA135087E679 Bond 3 4.850 4.850 4.850
2024-05-29 2024-05-30 1.250 2027-03-01 CA135087M847 Bond 17 4.850 4.850 4.850
2024-05-29 2024-05-30 1.000 2027-06-01 CA135087F825 Bond 481 4.850 4.850 4.850
2024-05-29 2024-05-30 2.250 2029-06-01 CA135087J397 Bond 220 4.850 4.850 4.850
2024-05-29 2024-05-30 5.000 2037-06-01 CA135087XW98 Bond 642 4.850 4.850 4.850
2024-05-28 2024-05-29 2.500 2024-06-01 CA135087B451 Bond 582 4.850 4.850 4.850
2024-05-28 2024-05-29 1.500 2024-09-01 CA135087J967 Bond 794 4.850 4.850 4.850
2024-05-28 2024-05-29 0.750 2024-10-01 CA135087M508 Bond 766 4.850 4.850 4.850
2024-05-28 2024-05-29 9.000 2025-06-01 CA135087VH40 Bond 44 4.850 4.850 4.850
2024-05-28 2024-05-29 0.500 2025-09-01 CA135087K940 Bond 5 4.850 4.850 4.850
2024-05-28 2024-05-29 0.250 2026-03-01 CA135087L518 Bond 93 4.850 4.850 4.850
2024-05-28 2024-05-29 1.500 2026-06-01 CA135087E679 Bond 78 4.850 4.850 4.850
2024-05-28 2024-05-29 1.000 2027-06-01 CA135087F825 Bond 578 4.850 4.850 4.850
2024-05-28 2024-05-29 2.250 2029-06-01 CA135087J397 Bond 179 4.850 4.850 4.850
2024-05-28 2024-05-29 5.000 2037-06-01 CA135087XW98 Bond 654 4.850 4.850 4.850
2024-05-27 2024-05-28 2.500 2024-06-01 CA135087B451 Bond 580 4.850 4.850 4.850
2024-05-27 2024-05-28 1.500 2024-09-01 CA135087J967 Bond 777 4.850 4.850 4.850
2024-05-27 2024-05-28 0.750 2024-10-01 CA135087M508 Bond 673 4.850 4.850 4.850
2024-05-27 2024-05-28 1.250 2025-03-01 CA135087K528 Bond 13 4.850 4.850 4.850
2024-05-27 2024-05-28 9.000 2025-06-01 CA135087VH40 Bond 37 4.850 4.850 4.850
2024-05-27 2024-05-28 0.500 2025-09-01 CA135087K940 Bond 39 4.850 4.850 4.850
2024-05-27 2024-05-28 0.250 2026-03-01 CA135087L518 Bond 193 4.850 4.850 4.850
2024-05-27 2024-05-28 1.500 2026-06-01 CA135087E679 Bond 15 4.850 4.850 4.850
2024-05-27 2024-05-28 1.000 2027-06-01 CA135087F825 Bond 889 4.850 4.850 4.850
2024-05-27 2024-05-28 2.250 2029-06-01 CA135087J397 Bond 383 4.850 4.850 4.850
2024-05-27 2024-05-28 5.000 2037-06-01 CA135087XW98 Bond 642 4.850 4.850 4.850
2024-05-24 2024-05-27 2.500 2024-06-01 CA135087B451 Bond 680 4.850 4.850 4.850
2024-05-24 2024-05-27 1.500 2024-09-01 CA135087J967 Bond 728 4.850 4.850 4.850
2024-05-24 2024-05-27 0.750 2024-10-01 CA135087M508 Bond 670 4.850 4.850 4.850
2024-05-24 2024-05-27 1.250 2025-03-01 CA135087K528 Bond 3 4.850 4.850 4.850
2024-05-24 2024-05-27 2.250 2025-06-01 CA135087D507 Bond 10 4.850 4.850 4.850
2024-05-24 2024-05-27 9.000 2025-06-01 CA135087VH40 Bond 34 4.850 4.850 4.850
2024-05-24 2024-05-27 0.250 2026-03-01 CA135087L518 Bond 65 4.850 4.850 4.850
2024-05-24 2024-05-27 1.500 2026-06-01 CA135087E679 Bond 62 4.850 4.850 4.850
2024-05-24 2024-05-27 1.000 2027-06-01 CA135087F825 Bond 813 4.850 4.850 4.850
2024-05-24 2024-05-27 2.250 2029-06-01 CA135087J397 Bond 441 4.850 4.850 4.850
2024-05-24 2024-05-27 5.000 2037-06-01 CA135087XW98 Bond 677 4.850 4.850 4.850
2024-05-23 2024-05-24 2.500 2024-06-01 CA135087B451 Bond 731 4.850 4.850 4.850
2024-05-23 2024-05-24 1.500 2024-09-01 CA135087J967 Bond 583 4.850 4.850 4.850
2024-05-23 2024-05-24 0.750 2024-10-01 CA135087M508 Bond 906 4.850 4.850 4.850
2024-05-23 2024-05-24 1.250 2025-03-01 CA135087K528 Bond 137 4.850 4.850 4.850
2024-05-23 2024-05-24 2.250 2025-06-01 CA135087D507 Bond 20 4.850 4.850 4.850
2024-05-23 2024-05-24 9.000 2025-06-01 CA135087VH40 Bond 34 4.850 4.850 4.850
2024-05-23 2024-05-24 0.250 2026-03-01 CA135087L518 Bond 130 4.850 4.850 4.850
2024-05-23 2024-05-24 1.500 2026-06-01 CA135087E679 Bond 46 4.850 4.850 4.850
2024-05-23 2024-05-24 1.000 2027-06-01 CA135087F825 Bond 606 4.850 4.850 4.850
2024-05-23 2024-05-24 2.250 2029-06-01 CA135087J397 Bond 557 4.850 4.850 4.850
2024-05-23 2024-05-24 5.000 2037-06-01 CA135087XW98 Bond 650 4.850 4.850 4.850

Reporting

The Bank’s aggregate amount of securities sold under repurchase agreement and holdings of Government of Canada bonds and treasury bill are updated every Friday on the Bank’s weekly balance sheet.

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
613‑782‑7723


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

Subscribe to Related notices
Related notices

September 13, 2022

Bank of Canada to delay bond auction in observance of federal Day of Mourning; will support key payment and settlement systems as well as financial markets

In observance of the federal Day of Mourning to mark the death of Queen Elizabeth II, the Bank of Canada will postpone the auction of 10-year Government of Canada bonds that had been scheduled for Monday, September 19.
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