June 15, 2015 Public Consultation: Draft Terms for Auctions of Government of Canada Ultra-Long Bonds The Government of Canada is considering moving to a modified auction format for any future issuance of 50-year bonds (ultra-long bonds). Content Type(s): Press, Market notices
June 12, 2015 Proposed Criteria and Risk-Management Standards for Prominent Payment Systems In December 2014, the Payment Clearing and Settlement Act was amended to give the Bank of Canada responsibility for identifying and overseeing payments systems that have the potential to pose payments system risk (these will be referred to as prominent payment systems). Content Type(s): Press, Market notices
May 5, 2015 Public Consultations on the Bank of Canada’s Framework for Financial Market Operations and its Emergency Lending Assistance Policies The Bank of Canada undertook public consultations to update its framework for financial market operations and its emergency lending policies to reflect the evolution of the Canadian financial system and lessons learned globally during the 2007–09 financial crisis. As part of the public consultations, the Bank released two consultation papers that proposed several changes to its market operations and to its Emergency Lending Assistance (ELA) policies. The comment period for the consultations ended on 4 July 2015. Content Type(s): Press, Market notices
April 21, 2015 Summary of Comments – 2015–16 Debt Management Strategy Consultations Today, the Summary of Comments – 2015–16 Debt Management Strategy Consultations is being published in conjunction with the release of the government’s Debt Management Strategy for 2015–16. Content Type(s): Press, Market notices
March 31, 2015 Changes to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF) The Bank of Canada announced on 29 January 2015 its intention to add certain Canadian-dollar term asset-backed securities (ABS) to its list of assets eligible as collateral under the Bank of Canada’s SLF. Content Type(s): Press, Market notices
March 31, 2015 Release of the 2014 Annual Report on Bank of Canada Oversight Activities The Bank of Canada today published the 2014 annual report on its oversight of payment, clearing and settlement systems, which are also known as financial market infrastructures or FMIs. Content Type(s): Press, Market notices
March 31, 2015 Legal Terms and Conditions for Government of Canada Debt Securities Starting today, the Legal Terms and Conditions for Government of Canada domestic marketable debt securities (the “Legal Terms”) can be viewed on the Department of Finance website. Content Type(s): Press, Market notices
March 20, 2015 Changes to the Bank of Canada’s role with respect to the Canadian Overnight Repo Rate Average (CORRA) Thomson Reuters Benchmark Services Limited will become the administrator, calculation agent and publication agent for the Canadian Overnight Repo Rate Average (CORRA), effective 30 March 2015. Content Type(s): Press, Market notices
March 19, 2015 Release of upcoming Quarterly Bond Schedule A standalone debt management strategy will be published on or before the end of March 2015, as required by the Financial Administration Act. Content Type(s): Press, Market notices
February 25, 2015 Operational Test of Standing Central Bank Swap Arrangements As part of an exercise to test the operational readiness of existing standing swap arrangements with other central banks, the Bank of Canada will conduct a small-value Canadian-dollar operation with the European Central Bank, drawing euros against Canadian dollars. Content Type(s): Press, Market notices