Posts
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December 29, 2008
Results for the 29 December 2008 Term Loan Facility
The results of today's TLF operation are as follows: -
Financial Intermediation, Liquidity and Inflation
This paper develops a search-theoretic model to study the interaction between banking and monetary policy and how this interaction affects the allocation and welfare. Regarding how banking affects the welfare costs of inflation: First, we find that, with banking, inflation generates smaller welfare costs. -
India and the Global Demand for Commodities: Is There an Elephant in the Room?
After 10 years of impressive growth, India is now the fourth largest economy in the world. Yet, to date, India's impact on global commodity markets has been muted. The authors examine how India's domestic and trade policies have distorted and constrained its demand for commodities. -
December 23, 2008
Bank of Canada Announces Details of its 28 Day Term Loan Facility
In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 28 November, the Bank of Canada announced today that it will enter into a 28-day TLF transaction as follows: -
December 22, 2008
Quarterly Bond Schedule and Changes to the Buyback Programs
Today, the Quarterly Bond Schedule is being published on the Bank of Canada's website in conjunction with the release of the NHA MBS Auction Schedule on the Canada Mortgage and Housing Corporation's website. -
December 22, 2008
Results for the 22 December 2008 Term Loan Facility
The results of today's TLF operation are as follows: -
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