Posts
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October 2, 2008
Results of the 2 October 2008 Sale of Treasury Bills for Balance Sheet Management Purposes
Results of the 2 October 2008 Sale of Treasury Bills. -
Globalization and Inflation: The Role of China
In this paper, we develop a theoretical model which identifies four channels–import prices, competition with domestic suppliers and workers, and commodity prices–through which price- and wage-setting conditions in country j may affect inflation in country i. -
October 1, 2008
Results of the 1 October 2008 Term PRA Transaction
Results of today's term PRA operations. -
September 30, 2008
Bank of Canada to Sell Treasury Bills for Balance Sheet Management Purposes
The Bank of Canada announced today it will sell $4.0 billion of its holdings of treasury bills. -
September 30, 2008
Bank of Canada Announces Details of its 28 Day Term PRA Transaction
In light of increased pressures in term lending markets, the Bank of Canada announced today that it will enter into a 28-day Purchase and Resale Agreement (PRA) transaction as follows: -
September 29, 2008
Bank of Canada Announces Expansion of the Swap Facility with U.S. Federal Reserve as part of Coordinated Central Bank Actions
In response to continued strains in short-term funding markets, central banks today are announcing further coordinated actions to expand significantly the capacity to provide U.S. dollar liquidity. -
Combining Canadian Interest-Rate Forecasts
Model risk is a constant danger for financial economists using interest-rate forecasts for the purposes of monetary policy analysis, portfolio allocations, or risk-management decisions. Use of multiple models does not necessarily solve the problem as it greatly increases the work required and still leaves the question "which model forecast should one use?" -
September 25, 2008
Governor Carney Discusses Impact of Recent International Developments
The world is grappling with dramatic events that have seized up markets, sparked a massive flight to quality and caused some great names in the world of finance to succumb, Bank of Canada Governor Mark Carney said today. -
September 25, 2008
Bank of Canada Announces Term PRA Transactions
In light of ongoing pressures in term lending markets, the Bank of Canada will provide additional liquidity through term Purchase and Resale Agreements (term PRAs) according to the following schedule: