March 19, 2025 Bank of Canada to publish additional metrics to enhance CORRA transparency Beginning on March 19, 2025, the Bank of Canada will publish the weighted average mean and mode of the daily Canadian Overnight Repo Rate Average (CORRA) distribution alongside the existing CORRA benchmark rate, which is based on the median. Content Type(s): Press, Market notices
March 18, 2025 Changes to Canada’s Debt Distribution Framework Following a review of the Government of Canada’s Debt Distribution Framework (DDF) in 2024, the Bank of Canada and the Government of Canada (GoC) are announcing upcoming adjustments to the DDF. Content Type(s): Press, Market notices
March 17, 2025 Bank of Canada announces planned changes to its Contingent Term Repo Facility The Bank of Canada is announcing changes to the eligibility criteria and review process for applications for its Contingent Term Repo Facility (CTRF). Content Type(s): Press, Market notices Source(s): Contingent Term Repo Facility
February 7, 2025 Securities Lending of the Government’s Holdings of Canada Mortgage Bonds The Department of Finance and the Bank of Canada, in its role as the Government of Canada’s fiscal agent, are announcing the launch of securities lending of the government’s Canada Mortgage Bond (CMB) holdings, to support market well-functioning. Content Type(s): Press, Market notices Source(s): Canada Mortgage Bonds: Government purchases and holdings
February 5, 2025 CFEC Releases Results of October 2024 Foreign Exchange Volume Survey The Canadian Foreign Exchange Committee (CFEC) released today the results of its October 2024 semi-annual survey of foreign exchange volumes in Canada. Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee
January 31, 2025 Changes to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility As announced on June 11, 2024, the Bank of Canada made Secured General Collateral (SGC) Notes eligible as collateral under the Standing Liquidity Facility (SLF), pending necessary system enhancements. Content Type(s): Press, Market notices Source(s): Standing Liquidity Facility
January 29, 2025 Bank of Canada announces an adjustment to the deposit rate and some changes to terms and conditions for Overnight Reverse Repo Operations The Bank announced it is making an adjustment to the deposit rate. Effective January 30, the deposit rate will be set at a spread of 5bps below the Bank’s policy interest rate. Content Type(s): Press, Market notices Source(s): Overnight reverse repo operations
January 29, 2025 Bank of Canada provides operational details for restarting asset purchases to end quantitative tightening Today, the Bank of Canada is announcing its plan to complete its balance sheet normalization, ending quantitative tightening. Content Type(s): Press, Market notices Source(s): Term repo operations
January 15, 2025 Operational Details for Government Purchases of Canada Mortgage Bonds in 2025 In the 2023 Fall Economic Statement, the Canadian government announced its intention to purchase Canada Mortgage Bonds (CMBs), beginning in 2024, up to an annual maximum of $30 billion while ensuring that the pace and volume of these purchases are appropriate for market conditions. Content Type(s): Press, Market notices
December 16, 2024 Summary of Comments – Fall 2024 Debt Management Strategy Consultations Today, the Fall 2024 Debt Management Strategy Consultations Summary is being published, following the release of the Government of Canada’s 2024 Fall Economic Statement. Content Type(s): Press, Market notices