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