November 16, 1998
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November 5, 1998
Government of Canada Pilot Bond Buyback Program Launch: Operational Framework
On behalf of the Minister of Finance, the Bank of Canada announced today the operational framework for the previously announced pilot bond buyback program.
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October 16, 1998
Bank Rate Lowered by ¼ Percentage Point to 5½ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5½ per cent.
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September 29, 1998
Survey of Foreign Exchange and Derivatives Market Activity in Canada
Summary results of a survey of Canadian foreign exchange and derivatives markets are now available. The survey was conducted by the Bank of Canada in April 1998 and covered activity in the foreign exchange and derivatives markets. Similar surveys were undertaken by about 40 other countries during the same month, and the central banks of many of those countries are also releasing their results today.
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September 29, 1998
Bank Rate Lowered by ¼ Percentage Point to 5¾ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5¾ per cent.
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September 28, 1998
Changes to Government of Canada auction process to take effect 14 October 1998
On behalf of the Minister of Finance, the Bank of Canada announced today that "Revised rules pertaining to auctions of Government of Canada securities and the Bank of Canada's surveillance of the auction process," released 11 August 1998, will take effect on 14 October 1998.
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September 23, 1998
Bank of Canada Governor Addresses St. John's Board of Trade
Bank of Canada Governor Gordon Thiessen today reviewed international economic and financial developments and their implications for Canada.
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September 2, 1998
Renegotiation of Standby Credit Facility
On behalf of the Minister of Finance, it was announced today that Canada has renegotiated its existing U.S.$6.0 billion standby credit facility with international banks.
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August 27, 1998
Bank Rate Raised by 1 Percentage Point
The Bank of Canada today raised its Bank Rate by one percentage point to 6 per cent.
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May 27, 1998
Bank of Canada Governor speaks at La Conférence de Montréal
In a speech delivered today to delegates to La Conférence de Montréal, Bank of Canada Governor Gordon Thiessen examined the impact of financial market globalization on the world economy.
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