Market Notices

• May 17, 2007

  The Bank of Canada's Target for the Overnight Interest Rate: Policy Implementation Framework

  The Bank of Canada has released The Bank of Canada's Target for the Overnight Interest Rate: Policy Implementation Framework. This document outlines the framework within which the Bank implements monetary policy, including the target for the overnight interest rate, the operating band, open market buyback operations, and settlement balances.

  Content Type(s): Press, Market notices
• May 10, 2007

  Spring 2007 Consultations Document – Auction Plan for Real Return Bonds

  In April 2007, officials from the Department of Finance and the Bank of Canada sought the views of institutional investors, government securities distributors, and other interested parties regarding the auction plan for Real Return Bonds (RRBs). The consultations were undertaken in view of the announcement, in the Debt Management Strategy for 2007/08, of an increase in the issuance of RRBs to slightly over $2 billion.

  Content Type(s): Press, Market notices
• April 17, 2007

  Update of Securities Eligible as collateral under the Bank of Canada's Standing Liquidity Facility

  Effective immediately, the Bank of Canada has updated its list of securities eligible as collateral under the Standing Liquidity Facility to include foreign issuer Canadian dollar securities. Foreign issuer securities are subject to the conditions and margins as identified in the Bank's collateral policy as posted on the Bank of Canada website.

  Content Type(s): Press, Market notices
• April 16, 2007

  Clarifications to the Terms of Participation in Auctions for Government Securities Distributors

  The Department of Finance and the Bank of Canada have updated the "Terms of Participation in Auctions for Government Securities Distributors."

  Content Type(s): Press, Market notices
• April 12, 2007

  Addition of Two Government Securities Distributors for Government of Canada Securities

  The Bank of Canada, on behalf of the Government of Canada, announces the addition of two new Government Securities Distributors for Government of Canada marketable bonds and treasury bills.

  Content Type(s): Press, Market notices
• April 11, 2007

  Changes in the release times for both the call for tenders for cash-management bills (CMBs) and the preliminary International Securities Identification Numbers (ISINs) for regular treasury bills

  In the Debt Management Strategy 2007/08, the government announced that the release time for call for tenders for cash-management bills (CMBs) will be moved from 10:00 (ET) to 09:45 (ET). Effective 16 April 2007, CMBs call for tenders issued on or after this date will be released at 09:45 (ET). The auction timetable can be found on the Bank of Canada website.

  Content Type(s): Press, Market notices
• March 22, 2007

  Spring 2007 Consultations – Views Sought on the Auction Plan for Real Return Bonds

  A consultation document relating to the auction schedule for Real Return Bonds for the fiscal year 2007/08, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today.

  Content Type(s): Press, Market notices
• March 19, 2007

  Summary of Comments - 2007/08 Debt Strategy Consultations

  Today, a Summary of Comments on the Debt Strategy Consultations for 2007/08 is being published on the Bank's website in conjunction with the release of the government's Debt Management Strategy for 2007/08 on the Department of Finance website.

  Content Type(s): Press, Market notices
• February 15, 2007

  Temporary measures to reinforce the target for the overnight rate

  On 9 March 2006, the Bank of Canada announced temporary measures to reinforce its target for the overnight rate. Specifically, the Bank announced that it would reduce the target for settlement balances to zero and, on a temporary basis, no longer commit to neutralizing all of the Sale and Repurchase Agreements (SRAs) conducted.

  Content Type(s): Press, Market notices