In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 20 January, the Bank of Canada announced today that it will enter into a 30-day TLF transaction.
In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector money market instruments announced on 20 January, the Bank of Canada announced today that it will enter into a 15-day term PRA transaction for private sector money market instruments.
Today, a Summary of Comments on the Debt Strategy Consultations for 2009/10 is being published on the Bank of Canada's website in conjunction with the release of the government's Debt Management Strategy for 2009/10 on the Department of Finance's website.
Canadians can be confident that monetary policy will maintain a "relentless" focus on controlling inflation, whether it rises above or drops below the official target range, Bank of Canada Governor Mark Carney said today.
These are challenging times, indeed. We are facing a financial crisis without comparison for generations. Most financial markets have experienced historic declines in prices and unprecedented spikes in volatility.
In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 20 January, the Bank of Canada announced today that it will enter into a 28-day term PRA transaction.