Uncategorized

• July 17, 2012

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

  Content Type(s): Press, Press releases

• On the Existence and Fragility of Repo Markets

  Staff Working Paper 2012-17 Hajime Tomura

  This paper presents a model of an over-the-counter bond market in which bond dealers and cash investors arrange repurchase agreements (repos) endogenously.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, Financial stability, Payment clearing and settlement systems JEL Code(s): G, G2, G24
• June 21, 2012

  Financing the Global Transition

  Remarks Mark Carney Atlantic Institute for Market Studies Halifax, Nova Scotia

  Governor Mark Carney discusses the central role of an open, resilient financial system to sustained global growth.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 14, 2012

  Strengthening Financial Infrastructure: The New Canadian Central Counterparty

  Remarks Agathe Côté Association of Quebec Women in Finance Montréal, Quebec

  Deputy Governor Agathe Côté discusses efforts to strengthen financial infrastructure, specifically the implementation of a central counterparty for repos

  Content Type(s): Press, Speeches and appearances, Remarks
• June 14, 2012

  Financial System Review - June 2012

  

  In this issue of the Financial System Review, the Governing Council judges that the risks to the stability of Canada’s financial system remain high, as in December. The sources of the key risks are broadly the same as those highlighted at that time and emanate primarily from the external environment.

  Errata: The colour labels for Chart 11 in the June 2012 issue and for Chart 12 in the December 2011 isssue were defined incorrectly. See revised charts.

  Content Type(s): Publications, Financial Stability Report

• The U.S.-Dollar Supranational Zero-Coupon Curve

  Staff Discussion Paper 2012-5 Francisco Rivadeneyra

  The author describes the construction of the U.S.-dollar-denominated zero-coupon curve for the supranational asset class from 1995 to 2010. He uses yield data from a crosssection of bonds issued by AAA-rated supranational entities to fit the Svensson (1995) term-structure model.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Asset pricing, Financial markets JEL Code(s): G, G1, G12, G15
• June 5, 2012

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

  Content Type(s): Press, Press releases
• May 30, 2012

  Quarterly Financial Report - First Quarter 2012

  Quarterly Financial Report - First Quarter, 2012 - For the period ended 31 March 2012

  Content Type(s): Publications, Quarterly Financial Report

• Estimating the Demand for Settlement Balances in the Canadian Large Value Transfer System

  Staff Working Paper 2012-15 Nellie Zhang

  This paper applies a static model of an interest rate corridor to the Canadian data, and estimates the aggregate demand for central-bank settlement balances in the Large Value Transfer System (LVTS).

  Content Type(s): Staff research, Staff working papers Topic(s): Interest rates, Monetary policy implementation, Payment clearing and settlement systems JEL Code(s): C, C3, C36, E, E4, E40, E5, E50, G, G0, G01
• May 24, 2012

  The Economics of Payments VI Workshop

  Conference held on 24 and 25 May 2012 (papers in unedited, electronic format only)

  Content Type(s): Conferences and workshops