Posts

• CORRA: Explaining the rise in volumes and resulting upward pressure

  Staff Analytical Note 2024-21 Boran Plong, Neil Maru

  On May 27, 2024, the settlement period for trading GoC bonds in the secondary market in Canada moved from two days to one. This shortened time for settling secondary cash bond trades caused CORRA volumes to rise significantly, and they have remained elevated since. This combined with the skew in demand for funding has pressured CORRA higher. We find no indications that any other factors are contributing to the most recent pressures on CORRA.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Financial markets, Interest rates, Monetary policy implementation JEL Code(s): D, D4, D5, D53, E, E4, E43, E44, E5, E52, G, G1, G12
• August 8, 2024

  Bank of Canada engages experts to assess internal review of exceptional policy actions during pandemic

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today the names of three external experts who will provide an independent assessment of its review of exceptional policy actions taken during the COVID-19 pandemic.

  Content Type(s): Press, Press releases
• August 7, 2024

  Release of the Bank of Canada’s summary of deliberations

  On Wednesday, August 7, 2024, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on July 24, 2024.

  Content Type(s): Press, Media advisories
• August 7, 2024

  Summary of Governing Council deliberations: Fixed announcement date of July 24, 2024

  This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on July 24, 2024.

  Content Type(s): Publications, Summary of deliberations
• August 6, 2024

  Bank of Canada publishes its 2025 schedule for policy interest rate announcements and other major publications

  Media Relations Ottawa, Ontario

  The Bank of Canada today published its 2025 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.

  Content Type(s): Press, Press releases
• August 2, 2024

  Market Participants Survey—Second Quarter of 2024

  The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

  Content Type(s): Publications, Market Participants Survey