Market Notices

• May 16, 2024

  Move to T+1 settlement for Government of Canada securities auctions

  As of 3 June 2024, all Government of Canada auctions of its treasury bills, bonds and Cash Management Bond Buybacks (CMBB) will be subject to T+1 settlement. This move will follow the Canadian secondary market’s own transition to T+1 settlement, expected to occur on Monday, 27 May 2024.

  Content Type(s): Press, Market notices
• May 13, 2024

  CARR publishes illustrative examples on determining fallback rates on floating rate notes that reference CDOR

  CARR is publishing two presentations to clarify how CARR’s recommended fallback rate for floating rate notes that reference CDOR should be implemented for calculating the coupon and accrued interest post June 2024.

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group