October 24, 2024
Overnight repo operations
-
-
July 12, 2024
Bank of Canada announces increases to the dealer and round limits for Overnight Repo operations
Effective Monday, July 15, 2024, dealer limits for Overnight Repo (OR) operations will increase to $3 billion for each eligible participant from the previous $1 billion. -
January 3, 2024
Bank of Canada conducts Overnight Repo operation
The Bank of Canada today conducted an Overnight Repo (OR) operation, which is a regular tool that is part of the Bank’s standard operating framework for implementing monetary policy. -
December 19, 2022
Bank of Canada announces increases to the dealer and round limits for Overnight Repo operations
Effective Monday, December 19, 2022, limits for Overnight Repo (OR) operations will increase to $1 billion for each eligible participant. -
March 2, 2022
Bank of Canada announces changes to its operations to reinforce its target for the overnight rate
Today the Bank confirmed that monetary policy will continue to be implemented via a floor system where the interest rate on the deposit facility is equal to the target for the overnight rate. To reinforce the Bank’s overnight target rate in a floor system with excess settlement balances, the Bank is also announcing changes to its Overnight Reverse Repo (ORR) operations.