COVID-19: Key announcements

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March 17, 2020

Operational details on the Bank of Canada’s Bankers' Acceptance Purchase Facility

As previously announced, the Bank of Canada (Bank) will conduct secondary market purchases of 1-month Bankers’ Acceptances issued and guaranteed by any Canadian bank and of sufficiently high quality, broadly equivalent to a minimum short-term credit rating of R-1 (low), under the Bankers’ Acceptance Purchase Facility (BAPF).
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