April 22, 2022 Bank of Canada announces increases to the limit for Securities Repo and Overnight Reverse Repo operations Effective April 25, 2022, the maximum total bidding amount across all securities in the Securities Repo Operation (SRO) will increase to $5,000 million for each counterparty. Content Type(s): Press, Market notices Source(s): Overnight repo and overnight reverse repo operations, Securities Repo Operations
April 13, 2022 Bank of Canada provides operational details for quantitative tightening and announces that it will continue to implement monetary policy using a floor system As announced on April 13, 2022, the Bank of Canada is ending the reinvestment phase of its asset purchase program and beginning quantitative tightening (QT). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
April 4, 2022 Operational details for upcoming secondary market purchases of Government of Canada securities (April 11-22) As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
March 21, 2022 Operational details for upcoming secondary market purchases of Government of Canada securities (March 28-April 8) As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
March 7, 2022 Operational details for upcoming secondary market purchases of Government of Canada securities (March 14-25) As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
March 2, 2022 Bank of Canada cancels today’s Securities Repo Operation due to internal systems issue The Bank of Canada has cancelled the Securities Repo Operation (SRO) for March 2, 2022 after a data processing issue prevented the settlement of this morning’s auction. The affected primary dealers have been informed. Content Type(s): Press, Market notices Source(s): Securities Repo Operations
March 2, 2022 Bank of Canada announces changes to its operations to reinforce its target for the overnight rate Today the Bank confirmed that monetary policy will continue to be implemented via a floor system where the interest rate on the deposit facility is equal to the target for the overnight rate. To reinforce the Bank’s overnight target rate in a floor system with excess settlement balances, the Bank is also announcing changes to its Overnight Reverse Repo (ORR) operations. Content Type(s): Press, Market notices Source(s): Overnight repo and overnight reverse repo operations
February 18, 2022 Operational details for upcoming secondary market purchases of Government of Canada securities (February 28-March 11) As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
February 7, 2022 Operational details for upcoming secondary market purchases of Government of Canada securities (February 14-25) As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
January 31, 2022 CARR welcomes RBSL consultation on the potential cessation of CDOR The Canadian Alternative Reference Rate working group (CARR) welcomes the publication by the administrator of CDOR, Refinitiv Benchmark Services (UK) Limited (RBSL), of a consultation document on the potential permanent cessation of the Canadian Dollar Offered Rate (CDOR). Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group