Posts
-
-
March 29, 2012
Summary of Comments - 2012-13 Debt Management Strategy Consultations and Operational Changes to the Cash-Management Bond Buyback Program
Today, the Summary of Comments – 2012–13 Debt Management Strategy Consultations is being published on the Bank of Canada’s website in conjunction with the release of the government’s Debt Management Strategy for 2012–13 on the Department of Finance’s website. -
-
-
March 26, 2012
Bank of Canada Issues $50 Polymer Bank Note
Bank of Canada Governor Mark Carney today officially announced the new $50 polymer bank note’s entry into circulation, during an event at the Canadian Coast Guard’s Québec port facility. These new notes will be available at financial institutions from coast to coast to coast starting today. Governor Carney was joined at the event by Shelly […] -
-
-
March 12, 2012
Promoting Growth, Mitigating Cycles and Inequality: The Role of Price and Financial Stability
Senior Deputy Governor Tiff Macklem discusses how price and financial stability help promote growth and mitigate economic cycles and inequality. -
-
A Note on Central Counterparties in Repo Markets
The author introduces a central counterparty (CCP) into a model of a repo market. Without the CCP, there exist multiple equilibria in the model. In one of the equilibria, a repo market emerges as bond dealers and cash investors choose to arrange repos in an over-the-counter bond market.