March 20, 2020
Access the upcoming operations, results and related notices for term repos, along with terms and conditions.
These 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.
Announcement: The Term Repo operations are suspended.
Upcoming Operations
The total amount outstanding for term repo operations is $540 million, of which $540 million is regular and $0 million is NHA MBS. The anticipated amount outstanding after the next operation is $ million, of which $ million is regular and $ million is NHA MBS.
Results
| Auction Type | Offered Amount ($M) | Allocated Amount ($M) | Operation Date | Settlement Date | Term (Days) | Maturity Date | Low Rate | Average Rate | High Rate |
|---|---|---|---|---|---|---|---|---|---|
| Regular | 3,000 | 500 | 2021-05-04 | 2021-05-06 | 364 | 2022-05-05 | 0.250 | 0.250 | 0.250 |
| Regular | 6,000 | 0 | 2021-05-04 | 2021-05-06 | 728 | 2023-05-04 | - | 0.000 | - |
| Regular | 3,000 | 48 | 2021-04-20 | 2021-04-22 | 182 | 2021-10-21 | 0.250 | 0.250 | 0.250 |
| Regular | 6,000 | 0 | 2021-04-20 | 2021-04-22 | 532 | 2022-10-06 | - | 0.000 | - |
| Regular | 3,000 | 705 | 2021-04-06 | 2021-04-08 | 364 | 2022-04-07 | 0.250 | 0.250 | 0.250 |
| Regular | 6,000 | 0 | 2021-04-06 | 2021-04-08 | 728 | 2023-04-06 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2021-03-23 | 2021-03-25 | 182 | 2021-09-23 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2021-03-23 | 2021-03-25 | 546 | 2022-09-22 | - | 0.000 | - |
| Regular | 3,000 | 375 | 2021-03-09 | 2021-03-11 | 364 | 2022-03-10 | 0.250 | 0.250 | 0.250 |
| Regular | 6,000 | 0 | 2021-03-09 | 2021-03-11 | 728 | 2023-03-09 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2021-02-23 | 2021-02-25 | 182 | 2021-08-26 | - | 0.000 | - |
| Regular | 6,000 | 45 | 2021-02-23 | 2021-02-25 | 532 | 2022-08-11 | 0.250 | 0.250 | 0.250 |
| Regular | 3,000 | 0 | 2021-02-09 | 2021-02-11 | 364 | 2022-02-10 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2021-02-09 | 2021-02-11 | 728 | 2023-02-09 | - | - | - |
| Regular | 3,000 | 0 | 2021-01-26 | 2021-01-28 | 182 | 2021-07-29 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2021-01-26 | 2021-01-28 | 546 | 2022-07-28 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2021-01-12 | 2021-01-14 | 364 | 2022-01-13 | - | 0.000 | - |
| Regular | 6,000 | 145 | 2021-01-12 | 2021-01-14 | 714 | 2022-12-29 | 0.250 | 0.250 | 0.250 |
| Regular | 3,000 | 0 | 2020-12-29 | 2020-12-31 | 183 | 2021-07-02 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-12-29 | 2020-12-31 | 532 | 2022-06-16 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2020-12-15 | 2020-12-17 | 357 | 2021-12-09 | - | 0.000 | - |
| Regular | 6,000 | 200 | 2020-12-15 | 2020-12-17 | 721 | 2022-12-08 | 0.250 | 0.250 | 0.250 |
| Regular | 6,000 | 25 | 2020-12-01 | 2020-12-03 | 525 | 2022-05-12 | 0.250 | 0.250 | 0.250 |
| Regular | 3,000 | 250 | 2020-11-17 | 2020-11-19 | 350 | 2021-11-04 | 0.250 | 0.250 | 0.250 |
| Regular | 6,000 | 100 | 2020-11-17 | 2020-11-19 | 714 | 2022-11-03 | 0.270 | 0.270 | 0.270 |
| Regular | 6,000 | 0 | 2020-11-03 | 2020-11-05 | 539 | 2022-04-28 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2020-10-20 | 2020-10-22 | 357 | 2021-10-14 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-10-20 | 2020-10-22 | 721 | 2022-10-13 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-10-13 | 2020-10-15 | 546 | 2022-04-14 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2020-10-06 | 2020-10-08 | 364 | 2021-10-07 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-10-06 | 2020-10-08 | 728 | 2022-10-06 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-09-29 | 2020-10-01 | 546 | 2022-03-31 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2020-09-22 | 2020-09-24 | 364 | 2021-09-23 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-09-22 | 2020-09-24 | 728 | 2022-09-22 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-09-15 | 2020-09-17 | 546 | 2022-03-17 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2020-09-08 | 2020-09-10 | 364 | 2021-09-09 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-09-08 | 2020-09-10 | 728 | 2022-09-08 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-09-01 | 2020-09-03 | 546 | 2022-03-03 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2020-08-25 | 2020-08-27 | 357 | 2021-08-19 | - | 0.000 | - |
| Regular | 6,000 | 50 | 2020-08-25 | 2020-08-27 | 721 | 2022-08-18 | - | 0.370 | - |
| Regular | 6,000 | 0 | 2020-08-18 | 2020-08-20 | 539 | 2022-02-10 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2020-08-11 | 2020-08-13 | 364 | 2021-08-12 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-08-11 | 2020-08-13 | 728 | 2022-08-11 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-08-04 | 2020-08-06 | 539 | 2022-01-27 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2020-07-28 | 2020-07-30 | 357 | 2021-07-22 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-07-28 | 2020-07-30 | 721 | 2022-07-21 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-07-21 | 2020-07-23 | 539 | 2022-01-13 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2020-07-14 | 2020-07-16 | 357 | 2021-07-08 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-07-14 | 2020-07-16 | 721 | 2022-07-07 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-07-07 | 2020-07-09 | 539 | 2021-12-30 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-06-30 | 2020-07-02 | 721 | 2022-06-23 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-06-23 | 2020-06-25 | 539 | 2021-12-16 | - | 0.000 | - |
| Regular | 3,000 | 0 | 2020-06-16 | 2020-06-18 | 448 | 2021-09-09 | - | 0.000 | - |
| Regular | 6,000 | 0 | 2020-06-16 | 2020-06-18 | 630 | 2022-03-10 | - | 0.000 | - |
| Regular | 6,000 | 50 | 2020-06-11 | 2020-06-15 | 724 | 2022-06-09 | - | 0.350 | - |
| Regular | 6,000 | 0 | 2020-06-09 | 2020-06-11 | 539 | 2021-12-02 | - | 0.000 | - |
| Regular | 6,000 | 3,050 | 2020-06-04 | 2020-06-08 | 633 | 2022-03-03 | - | 0.350 | - |
| Regular | 6,000 | 1,500 | 2020-06-02 | 2020-06-04 | 455 | 2021-09-02 | - | 0.320 | - |
| Regular | 6,000 | 5,000 | 2020-05-28 | 2020-06-01 | 724 | 2022-05-26 | - | 0.330 | - |
| Regular | 6,000 | 0 | 2020-05-26 | 2020-05-28 | 546 | 2021-11-25 | - | 0.000 | - |
| Regular | 6,000 | 3,045 | 2020-05-21 | 2020-05-25 | 717 | 2022-05-12 | - | 0.310 | - |
| Regular | 6,000 | 400 | 2020-05-19 | 2020-05-21 | 538 | 2021-11-10 | - | 0.300 | - |
| Regular | 6,000 | 4,560 | 2020-05-14 | 2020-05-19 | 625 | 2022-02-03 | - | 0.310 | - |
| Regular | 6,000 | 1,500 | 2020-05-12 | 2020-05-14 | 448 | 2021-08-05 | - | 0.290 | - |
| Regular | 6,000 | 5,505 | 2020-05-05 | 2020-05-07 | 539 | 2021-10-28 | - | 0.357 | - |
| Regular | 6,000 | 6,000 | 2020-04-28 | 2020-04-30 | 714 | 2022-04-14 | - | 0.466 | - |
Related Notices
March 18, 2020
The Bank of Canada (Bank) is committed to supporting the efficient and continuous functioning of financial markets during the current period of uncertainty in which conditions are evolving rapidly.
Bank of Canada Announces Temporary Expansion to the List of Eligible Securities for its Term Repo Operations and Changes to Upcoming Operations
Content Type(s):
Press,
Market notices
Source(s):
Standing Liquidity Facility,
Term Repo Operations
March 12, 2020
In order to support the continuous functioning of financial markets through the provision of liquidity, the Bank of Canada announced two measures today.
Bank of Canada Announces the Expansion of its Bond Buyback Program and Term Repo Operations
Content Type(s):
Press,
Market notices
Source(s):
Term Repo Operations
August 21, 2019
Expansion of Term Repo Operations for balance sheet management purposes
As part of the regular management of the Bank of Canada’s (Bank) balance sheet, the Bank acquires assets to offset its liabilities, which consists mainly of bank notes in circulation and government deposits.
Content Type(s):
Press,
Market notices
Source(s):
Term Repo Operations