June 10, 2008
Bank of Canada keeps overnight rate target at 3 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent.
Posts
-
-
June 10, 2008
Bank of Canada Announces Term PRA Transaction
As part of its provision of liquidity in support of the efficient functioning of financial markets, the Bank of Canada announced today that it will enter into a 28-day term purchase and resale agreement (PRA) as follows: -
Empirical Likelihood Block Bootstrapping
Monte Carlo evidence has made it clear that asymptotic tests based on generalized method of moments (GMM) estimation have disappointing size. The problem is exacerbated when the moment conditions are serially correlated. -
June 5, 2008
Change in eligibility requirements for National Housing Act Mortgage-Backed Securities (NHA MBS) as collateral under the Bank of Canada's Standing Liquidity Facility (SLF): Minimum pool size lowered to $25 million from $75 million
Effective immediately, the minimum pool size for eligibility of NHA MBS as collateral under the Bank of Canada's SLF will be lowered to $25 million from $75 million. -
May 30, 2008
Results of the 30 May 2008 Sale of Treasury Bills for Balance Sheet Management Purposes
Results of the 30 May 2008 Sale of Treasury Bills. -
May 29, 2008
Results of the 29 May 2008 Term PRA Transaction
The results of today's term PRA operations are as follows: -
Policy Coordination in an International Payment System
Given the increasing interdependence of both financial systems and attendant payment and settlement systems a vital question is what form should optimal policy take when there are two connected payment systems with separate regulators. -
May 27, 2008
Bank of Canada to Sell Treasury Bills for Balance Sheet Management Purposes
The Bank of Canada announced today it will sell $1.8 billion of its holdings of treasury bills. -
May 27, 2008
Bank of Canada Announces Term PRA Transaction
As part of its provision of liquidity in support of the efficient functioning of financial markets, the Bank of Canada announced today that it will enter into a 28-day term purchase and resale agreement (PRA) as follows: -
May 22, 2008
Bank of Canada Governor Outlines Principles for Liquid Markets
Central banks have been more active in providing liquidity support for key markets throughout the recent financial market turbulence because well-functioning markets are important for the conduct of monetary policy and the efficient operation of the economy, Bank of Canada Governor Mark Carney said today in a speech to the New York Association for Business Economics.