Uncategorized

• June 17, 2009

  Results for the 17 June 2009 Term Loan Facility

  Results of today's TLF operation.

  Content Type(s): Press, Market notices
• June 16, 2009

  Results of the 16 June 2009 Term PRA Transaction for Private Sector Instruments

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices
• June 15, 2009

  Results of the 15 June 2009 Term PRA Transaction

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices

• The Equity Premium and the Volatility Spread: The Role of Risk-Neutral Skewness

  Staff Working Paper 2009-20 Bruno Feunou, Jean-Sébastien Fontaine, Roméo Tedongap

  We introduce the Homoscedastic Gamma [HG] model where the distribution of returns is characterized by its mean, variance and an independent skewness parameter under both measures. The model predicts that the spread between historical and risk-neutral volatilities is a function of the risk premium and of skewness.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets JEL Code(s): G, G1, G12, G13
• June 12, 2009

  Bank of Canada Announces Details of its Term Loan Facility Operation

  In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 24 April (see schedule), the Bank of Canada announced today that it will conduct a TLF operation.

  Content Type(s): Press, Market notices
• June 12, 2009

  Bank of Canada Announces Details of its Term PRA Operation

  In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 21 April (see schedule), the Bank of Canada announced today that it will conduct a term PRA operation.

  Content Type(s): Press, Market notices
• June 12, 2009

  Bank of Canada Announces Details of its Term PRA for Private Sector Instruments Operation

  In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector instruments announced on 24 April (see schedule), the Bank of Canada announced today that it will conduct a term PRA operation for private sector instruments.

  Content Type(s): Press, Market notices
• June 11, 2009

  Rebalancing the Global Economy

  Remarks Mark Carney International Economic Forum of the Americas, conference of Montreal

  The theme of this conference – "Adapting to a New World Order" – suggests that it is clear how global commerce and finance will be reorganized in the wake of the current crisis. However, the outcome is far from preordained. How we manage the rebalancing of the global economy could profoundly influence how open, equitable, and prosperous the New World Order will be.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 10, 2009

  Results for the 10 June 2009 Term Loan Facility

  Results of today's TLF operation.

  Content Type(s): Press, Market notices
• June 9, 2009

  Results of the 9 June 2009 Term PRA Transaction for Private Sector Instruments

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices