Market Notices

• March 28, 2023

  CARR publishes impact assessment checklist for market participants with CDOR exposure

  The Canadian Alternative Reference Rate working group (CARR) today published an impact assessment checklist to help firms assess and mitigate their exposures to the Canadian Dollar Offered Rate (CDOR).

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
• February 7, 2023

  CFEC Releases Results of October 2022 Foreign Exchange Volume Survey

  The Canadian Foreign Exchange Committee (CFEC) released today the results of its October 2022 semi-annual survey of foreign exchange volumes in Canada.

  Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee
• January 27, 2023

  Bank of Canada announces change to maximum bid rate for securities repo operations

  The Bank of Canada is announcing a change to the pricing of the securities repo operations (SRO).

  Content Type(s): Press, Market notices
• January 16, 2023

  CFIF publishes White Paper on the impact of CDOR cessation on Bankers’ Acceptance market

  With the cessation of Canadian Dollar Offer Rate’s (CDOR) publication in June 2024, it is expected that Bankers’ Acceptance (BA) will cease to exist as a money market instrument.

  Content Type(s): Press, Market notices Source(s): Canadian Fixed-Income Forum
• January 11, 2023

  CARR announces development of a Term CORRA benchmark

  The announcement today confirms that efforts are underway to develop a 1- and 3-month Term CORRA benchmark with the objective of making such benchmarks available for use by the end of Q3-2023.

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
• January 11, 2023

  CARR and TMX launch webcast series on the transition from CDOR

  CARR is pleased to announce the launch of a series of CDOR Transition Webcasts, developed in partnership with TMX.

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
• December 19, 2022

  Bank of Canada announces increases to the dealer and round limits for Overnight Repo operations

  Effective Monday, December 19, 2022, limits for Overnight Repo (OR) operations will increase to $1 billion for each eligible participant.

  Content Type(s): Press, Market notices Source(s): Overnight repo operations
• December 15, 2022

  CARR’s CORRA-first initiatives for derivatives to begin on January 9 - update

  The Canadian Alternative Reference Rate working group (CARR) has been laying the groundwork to ensure a smooth transition of financial products referencing the Canadian Dollar Offered Rate (CDOR).

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
• November 18, 2022

  The Government of Canada announces the issuance of a Ukraine Sovereignty Bond

  To offer Canadians an opportunity to directly support Ukraine, the Government of Canada announced that it will issue a Ukraine Sovereignty Bond. The five-year, $500 million bond, denominated in Canadian dollars, will be issued in late November 2022.

  Content Type(s): Press, Market notices
• November 7, 2022

  GMF publishes a consultation paper on a proposed fee for failing to settle GoC securities

  The Government of Canada Market Functioning Steering Group (GMF) published a consultation paper and an FAQ document today on a proposed fee for failing to settle GoC bond and bill transactions.

  Content Type(s): Press, Market notices Source(s): Canadian Fixed-Income Forum