November 24, 2020 The Canadian Alternative Reference Rate working group (CARR) published a consultation paper today on a proposed methodology for calculating CORRA-in-arrears as well as draft fallback language for floating rate notes (FRNs) that reference CDOR.
November 16, 2020
Operational details for upcoming secondary market purchases of Government of Canada securities (November 23 - December 4)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).
November 9, 2020 The Bank of Canada today announced a return to normal standard terms for auctions of Government of Canada Treasury Bills.
November 9, 2020
Bank of Canada announces amendments to targeted facilities and programs that support liquidity and short-term funding marketsReflecting the continued improvement in the functioning of short-term funding markets and financial markets more generally, the Bank of Canada (the Bank) is announcing amendments to the Provincial Money Market Purchase (PMMP) program and to the amount of Government of Canada treasury bills acquired at auction.
November 3, 2020 The Bank of Canada, acting as fiscal agent of the Government of Canada, and the Department of Finance are announcing a change to the frequency of Treasury Bill auctions to help manage the Government of Canada’s current large cash holdings.