November 1, 2022 Government of Canada to Resume Cash Management Bond Buyback Program The Bank of Canada and the Department of Finance are announcing the resumption of the Government of Canada Cash Management Bond Buyback (CMBB) program. Content Type(s): Press, Market notices
October 7, 2022 CARR agrees to begin process of developing Term CORRA benchmark On May 16, 2022 CARR launched a public consultation on whether there was a need for a forward-looking Term CORRA benchmark to replace CDOR in certain types of loan facilities. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
September 15, 2022 Debt Management Strategy Consultations – 2023-24 The Department of Finance and the Bank of Canada are seeking the views of government securities distributors, institutional investors, and other interested parties on issues related to the design and operation of the Government of Canada’s domestic debt program for 2023-24 and beyond. Content Type(s): Press, Market 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. Content Type(s): Press, Market notices Source(s): Government securities auctions, Overnight reverse repo operations, Securities Repo Operations
August 3, 2022 CARR publishes recommended fallback language for CDOR-based loans The Canadian Alternative Reference Rate working group (CARR) today published recommended fallback language for new and existing loan agreements where the interest rate benchmark is the Canadian Dollar Offered Rate (CDOR). Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
July 29, 2022 CFEC Releases Results of April 2022 Foreign Exchange Volume Survey The Canadian Foreign Exchange Committee (CFEC) released today the results of its April 2022 semi-annual survey of foreign exchange volumes in Canada. Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee
June 14, 2022 CARR extends Term CORRA consultation deadline to 30 June Reflecting a number of requests for additional time to respond to CARR’s Term CORRA consultation, CARR will now accept comments until June 30, 2022. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
June 9, 2022 Government of Canada Cancels Ultra-Long Bond Issuance The Government of Canada has decided to cancel the issuance of its 1 December 2064 bond. As such, the previously announced auction on 16 June 2022 is suspended. Content Type(s): Press, Market notices
May 16, 2022 CARR welcomes RBSL’s decision to cease the publication of CDOR after June 28, 2024 Today, Refinitiv Benchmark Services (UK) Limited (RBSL), CDOR’s regulated administrator, announced the cessation of the publication of CDOR after June 28, 2024. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
May 11, 2022 Release of the 2021 Bank of Canada FMI Oversight Activities Annual Report The Bank of Canada today published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2021 Annual Report. Content Type(s): Press, Market notices