Learn about the program; get information on its preliminary quarterly schedule, operations and reporting; and find key contacts and related notices.
The term repo operations, where assets are acquired temporarily through the secondary market, are conducted to manage the Bank’s balance sheet and to promote the orderly functioning of Canadian financial markets.
For operational details, see the full terms and conditions for this program.
| Auction type | Operation date | Settlement date | Term (days) | Maturity date |
|---|---|---|---|---|
| Regular | 2025-07-09 | 2025-07-10 | 28 | 2025-08-07 |
| Regular | 2025-07-09 | 2025-07-10 | 84 | 2025-10-02 |
| Regular | 2025-07-23 | 2025-07-24 | 28 | 2025-08-21 |
| Regular | 2025-08-06 | 2025-08-07 | 28 | 2025-09-04 |
| Regular | 2025-08-06 | 2025-08-07 | 84 | 2025-10-30 |
| Regular | 2025-08-20 | 2025-08-21 | 28 | 2025-09-18 |
| Regular | 2025-09-03 | 2025-09-04 | 28 | 2025-10-02 |
| Regular | 2025-09-03 | 2025-09-04 | 84 | 2025-11-27 |
| Regular | 2025-09-17 | 2025-09-18 | 28 | 2025-10-16 |
Note: Term repo operations will generally take place on a bi-weekly basis. Preliminary Call for Tenders will be released one week prior to the operation date and will include the preliminary operation amount(s). Final Call for Tenders will be released 15 minutes prior to the operation deadline.
Details for the next operation will be provided in this table one week prior to the operation date.
| Auction type | Offered amount ($M) | Operation date | Settlement date | Term (days) | Maturity date | Status | Minimum bid rate |
|---|---|---|---|---|---|---|---|
| Regular | 3,000 | 2025-07-09 | 2025-07-10 | 28 | 2025-08-07 | Preliminary CFT | - |
| Regular | 5,000 | 2025-07-09 | 2025-07-10 | 84 | 2025-10-02 | Preliminary CFT | - |
Results will be updated in this table shortly after each operation.
| Auction type | Offered amount ($M) | Allocated amount ($M) | Operation date | Settlement date | Term (days) | Maturity date | Low rate | Average rate | High rate |
|---|---|---|---|---|---|---|---|---|---|
| Regular | 5,000 | 2,980 | 2025-06-25 | 2025-06-26 | 28 | 2025-07-24 | 2.750 | 2.750 | 2.750 |
| Regular | 3,000 | 1,540 | 2025-06-11 | 2025-06-12 | 28 | 2025-07-10 | 2.750 | 2.750 | 2.750 |
| Regular | 5,000 | 1,850 | 2025-06-11 | 2025-06-12 | 84 | 2025-09-04 | 2.710 | 2.710 | 2.710 |
| Regular | 4,000 | 2,650 | 2025-05-28 | 2025-05-29 | 28 | 2025-06-26 | 2.700 | 2.700 | 2.700 |
| Regular | 3,000 | 1,050 | 2025-05-14 | 2025-05-15 | 84 | 2025-08-07 | 2.620 | 2.620 | 2.620 |
| Regular | 3,000 | 1,750 | 2025-05-14 | 2025-05-15 | 28 | 2025-06-12 | 2.700 | 2.700 | 2.700 |
| Regular | 3,000 | 1,850 | 2025-04-30 | 2025-05-01 | 28 | 2025-05-29 | 2.750 | 2.750 | 2.750 |
| Regular | 2,000 | 725 | 2025-04-16 | 2025-04-17 | 84 | 2025-07-10 | 2.680 | 2.680 | 2.680 |
| Regular | 3,000 | 1,800 | 2025-04-16 | 2025-04-17 | 28 | 2025-05-15 | 2.750 | 2.750 | 2.750 |
| Regular | 2,000 | 1,600 | 2025-04-02 | 2025-04-03 | 28 | 2025-05-01 | 2.700 | 2.700 | 2.700 |
| Regular | 2,000 | 1,050 | 2025-03-19 | 2025-03-20 | 28 | 2025-04-17 | 2.760 | 2.760 | 2.760 |
| Regular | 2,000 | 1,250 | 2025-03-19 | 2025-03-20 | 84 | 2025-06-12 | 2.700 | 2.700 | 2.700 |
| Regular | 2,000 | 1,710 | 2025-03-05 | 2025-03-06 | 28 | 2025-04-03 | 2.860 | 2.863 | 2.870 |
The Bank’s aggregate amount of securities purchased under resale agreement and holdings of Government of Canada bonds and treasury bills are updated every Friday on the Bank’s weekly balance sheet.
Director
Financial Markets Department
Director
Financial Markets Department
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