September 19, 2025
Bank of Canada updates terms and conditions governing term repo operations
In March 2025, the Bank restarted regular term repo operations as part of its return to normal balance sheet management.
Term repo operations
-
-
January 29, 2025
Bank of Canada provides operational details for restarting asset purchases to end quantitative tightening
Today, the Bank of Canada is announcing its plan to complete its balance sheet normalization, ending quantitative tightening. -
March 23, 2021
Bank of Canada announces the discontinuation of market functioning programs introduced during COVID-19
As overall financial market conditions continue to improve in Canada, use of the Bank of Canada’s programs that were introduced in 2020 in response to the shock from COVID-19 to support the functioning of key Canadian financial markets, has declined significantly. -
October 15, 2020
Bank of Canada announces changes to programs that support key financial markets
As overall financial market conditions continue to improve in Canada, usage in several of the Bank of Canada’s programs that support the functioning of key financial markets has declined significantly. -
June 3, 2020
Bank of Canada Announces Changes to Term Repo Operations and Bankers’ Acceptance Purchase Facility
With substantial improvements in short-term funding conditions recently, as well as reduced participation since mid-April in the Bank’s extended Term Repo and Bankers’ Acceptance Purchase Facility (BAPF) operations, the Bank is making amendments to these programs. -
April 21, 2020
Bank of Canada Announces Further Enhancements to its Term Repo Operations
Following the announcement of the Bank of Canada’s new market operations to improve market functioning to support its monetary policy actions, the Term Repo terms and conditions have been revised to include term repos up to 24 months. -
March 23, 2020
Bank of Canada Announces Additional Changes to the List of Eligible Securities for its Term Repo Operations
A further expansion of eligible collateral for Term Repo operations, in addition to the changes previously announced by the Bank on March 16th and March 18th, are being made effective immediately. -
March 20, 2020
Bank of Canada Announces Additional Measures to Support Market Functioning
The Bank is announcing four measures today designed to support market functioning given the rapidly evolving uncertainty around the impact of COVID-19. -
March 18, 2020
Bank of Canada Announces Temporary Expansion to the List of Eligible Securities for its Term Repo Operations and Changes to Upcoming Operations
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. -
March 12, 2020
Bank of Canada Announces the Expansion of its Bond Buyback Program and Term Repo Operations
In order to support the continuous functioning of financial markets through the provision of liquidity, the Bank of Canada announced two measures today.