October 7, 2015 CFIF Meeting (October 7, 2015) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
October 2, 2015 Weekly Financial Statistics - 2 October 2015 Content Type(s): Publications, Historical: Weekly Financial Statistics
The Optimal Level of the Inflation Target: A Selective Review of the Literature and Outstanding Issues Staff Discussion Paper 2015-8 Oleksiy Kryvtsov, Rhys R. Mendes Bank of Canada research done prior to the most recent renewal of the inflation-control agreement in 2011 concluded that the benefits associated with a target below 2 per cent were insufficient to justify the increased risk of being constrained by the zero lower bound (ZLB) on nominal interest rates. Content Type(s): Staff research, Staff discussion papers Topic(s): Inflation targets, Inflation: costs and benefits, Monetary policy framework JEL Code(s): E, E5, E52, E58
September 30, 2015 Overnight repos The Bank conducts overnight repo (OR) operations to ensure the effective implementation of our monetary policy framework. These operations inject liquidity intraday, reinforcing the Bank’s target for the overnight rate.
September 30, 2015 Overnight reverse repos The Bank conducts overnight reverse repo (ORR) operations to ensure the effective implementation of our monetary policy framework. These operations withdraw liquidity intraday, reinforcing the Bank’s target for the overnight rate.
September 30, 2015 Completion of Public Consultations: Bank of Canada's Framework for Financial Market Operations and its Emergency Lending Assistance Policies The Bank announces changes to its framework for financial market operations and emergency lending assistance policies and provides summaries of its public consultations. Content Type(s): Press, Market notices
September 30, 2015 Preliminary Quarterly Term Repo Schedule As announced today, the Bank of Canada is introducing 1- and 3-month Term Repo operations that will be built up to a target portfolio size of $7 billion to $10 billion over a 6 month implementation period. Below is the preliminary schedule and amounts for the October to December quarter. Content Type(s): Press, Market notices
September 30, 2015 Bank of Canada Margin Call Practice for Domestic Market Operations For transactions outstanding against securities purchased or sold under a term purchase and resale agreement, the Bank values the securities daily, and compares that value to the contract valuation to ensure the Bank is adequately protected.