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August 10, 2020

Changes to the Bank of Canada’s Standing Liquidity Facility Policy Regarding the use of Non-Mortgage Loan Portfolio as Collateral

Given the continued improvement in short-term funding conditions, the Bank of Canada (Bank) is announcing that the Bank’s temporary measure of allowing Large Value Transfer System (LVTS) participants to pledge 100 per cent of their total collateral using their non-mortgage loan portfolio (NMLP) for the LVTS and Standing Liquidity Facility (SLF) will be gradually reduced back to the regular level of 20 per cent of each participant's total pledged collateral.
Content Type(s): Press, Market notices Source(s): Standing Liquidity Facility
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