Operational details for upcoming secondary market purchases of Government of Canada securities (December 21-December 31)
As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). The GBPP operations for the two-week period beginning December 21 are announced below.
The Bank will conduct the following purchase operations the week of December 21:
- Monday, December 21 in the 10-year sector.
- Tuesday, December 22 in the 5-year sector.
- Wednesday, December 23 in the 2-year sector.
The Bank will NOT conduct any Government of Canada bond purchase operations the week of December 28.
NOTE: all operations will have a T+2 settlement unless otherwise stated.
The secondary market purchases conducted by the Bank should settle with the Bank (CUID: BOCB) and not the Government of Canada.
The Bank will announce specific operational details (size, timing, the basket of eligible securities) at least one day ahead of each operation.
The Bank continues to monitor market developments closely and remains committed to supporting the liquidity and efficient functioning of the Government of Canada bond market.
Director
Financial Markets Department
Bank of Canada
613‑782‑7723
Director
Financial Markets Department
Bank of Canada
613‑782‑7245
Bank of Canada
613‑782‑8782