<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 2: Estimated impact of trading flows on the Government of Canada bond market</label>
    <description><![CDATA[Average change in market value (%) and yield (basis points, 10-year bond) for Government of Canada (GoC) bonds over one quarter

Sources: Statistics Canada, Intercontinental Exchange Bank of America Canada Government Index and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=246608</link>
</groupDetail>
<seriesDetail>
<series id="SAN_VALA20250605_C2_S1">
<label>Percentage change in market value of GoC bonds</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="SAN_VALA20250605_C2_S2">
<label>bps</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Hypothetical scenario: A hedge fund sells 1% of the GoC bond market over one quarter"><v s="SAN_VALA20250605_C2_S1">-0.20</v><v s="SAN_VALA20250605_C2_S2">2</v></o>
<o k="Real-world historical scenario: The Bank of Canada buys 3.6% of the GoC bond market, net of new issuances ($19 billion) in 2020Q1"><v s="SAN_VALA20250605_C2_S1">1.10</v><v s="SAN_VALA20250605_C2_S2">-11</v></o>
</observations>
</data>