Bank of Canada Announces Details of its Future Term PRA Facilities for Private Sector Money Market Instruments
The Bank of Canada is publishing today the schedule of its term Purchase and Resale Agreements (PRA) for private sector money market instruments to the end of March.
| Auction (Settlement) Date | New Amount ($ millions) | Term (Days) | Maturity Date |
|---|---|---|---|
| January | |||
| 26 (28)* | minimum 1,000 | 14 | 11 February |
| February | |||
| 2 (4) | minimum 1,000 | 15 | 19 February |
| 9 (11) | minimum 1,000 | 14 | 25 February |
| 17 (19) | minimum 1,000 | 13 | 4 March |
| 23 (25) | minimum 1,000 | 14 | 11 March |
| March | |||
| 2 (4) | minimum 1,000 | 14 | 18 March |
| 9 (11) | minimum 1,000 | 14 | 25 March |
| 16 (18) | minimum 1,000 | 14 | 1 April |
| 23 (25) | minimum 1,000 | 14 | 8 April |
| 30 (1 April) | minimum 1,000 | 14 | 15 April |
* This private sector money market term PRA was originally announced on 28 November as part of the Bank's schedule of future private sector money market term PRA transactions.
Further details for these operations, including the eligible participants and securities, are available in the Terms and Conditions of the Term PRA Facility for Private Sector Money Market Instruments.
The next auction will be held on 26 January at 10:00 (ET) and further details for this operation will be announced on the Bank's website on 23 January at 15:00 (ET).
The Bank will continue to provide additional term liquidity as long as conditions in financial markets warrant.
Market participants requesting further information are asked to contact .
For press enquiries, please contact:
613 782-8782