November 24, 2015 Results of the 27-day and 84-day 24 November 2015 Term Repo Operation Results of today's term repo operation. Content Type(s): Press, Market notices
November 24, 2015 Bank of Canada Announces the Minimum Bid Rate for Today's Term Repo Operation Bank of Canada Announces the Minimum Bid Rate for today's Term Repo Operation. Content Type(s): Press, Market notices
November 23, 2015 Bank of Canada Announces Details of its Term Repo Operations The Bank of Canada announced today that it will conduct term repo operations. Content Type(s): Press, Market notices
November 23, 2015 Process for selecting a Deputy Governor of the Bank of Canada Further to the 26 October 2015 announcement that Deputy Governor Agathe Côté will retire at the end of January 2016, the process to appoint her successor has been initiated. The Board of Directors has formed a selection committee to conduct the search and selection process, with the assistance of global executive recruiting firm Boyden. Content Type(s): Press, Announcements
November 20, 2015 Weekly Financial Statistics - 20 November 2015 Content Type(s): Publications, Historical: Weekly Financial Statistics
On the Essentiality of E-Money Staff Working Paper 2015-43 Jonathan Chiu, Tsz-Nga Wong Recent years have witnessed the advances of e-money systems such as Bitcoin, PayPal and various forms of stored-value cards. This paper adopts a mechanism design approach to identify some essential features of different payment systems that implement and improve the constrained optimal resource allocation. Content Type(s): Staff research, Staff working papers Topic(s): Bank notes, Digital currencies and fintech, Payment clearing and settlement systems JEL Code(s): E, E4, E42, E5, E58, L, L5, L51
Speculators, Prices and Market Volatility Staff Working Paper 2015-42 Celso Brunetti, Bahattin Buyuksahin, Jeffrey H. Harris We analyze data from 2005 through 2009 that uniquely identify categories of traders to assess how speculators such as hedge funds and swap dealers relate to volatility and price changes. Examining various subperiods where price trends are strong, we find little evidence that speculators destabilize financial markets. Content Type(s): Staff research, Staff working papers Topic(s): International topics, Recent economic and financial developments JEL Code(s): C, C3, G, G1