November 17, 2008 Changes in Minimum Bank of Canada Nominal Bond Purchases at Auctions In light of the effect on its balance sheet of the extraordinary transactions being undertaken to provide term liquidity, the Bank of Canada is adjusting its purchase of nominal bonds at auctions. Content Type(s): Press, Market notices
November 17, 2008 Results of the 17 November 2008 Term PRA Transaction for Private Sector Money Market Instruments The results of today's term PRA operations are as follows: Content Type(s): Press, Market notices
November 17, 2008 Bank of Canada Announces Details of its 26 Day Term Loan Facility In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 12 November, the Bank of Canada announced today that it will enter into a 26-day TLF transaction as follows: Content Type(s): Press, Market notices
November 17, 2008 Bank of Canada Announces the Minimum Bid Rate for Today's Term PRA Facility for Private Sector Money Market Instruments The minimum bid rate for 14-day Term PRA Facility for Private Sector Money Market Instruments is 2.925%. Content Type(s): Press, Market notices
November 17, 2008 Bank of Canada to Sell Treasury Bills for Balance Sheet Management Purposes The Bank of Canada announced today it will sell $0.75 billion of its holdings of treasury bills. This transaction will partially offset the temporary increase in assets associated with the term purchase and resale transactions announced today. Content Type(s): Press, Market notices
November 17, 2008 Bank of Canada Announces Details of its 28 Day Term PRA Transaction In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 3 November, the Bank of Canada announced today that it will enter into a 28-day term PRA transaction as follows: Content Type(s): Press, Market notices
November 14, 2008 Bank of Canada Announces Details of its Term PRA Facility for Private Sector Money Market Instruments In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector money market instruments announced on 31 October, the Bank of Canada announced today that it will enter into a 14-day term PRA transaction for private sector money market instruments as follows: Content Type(s): Press, Market notices
November 12, 2008 The Global & Canadian Economies: The Outlook through 2010 Presentation Paul Jenkins The Economist Business Roundtable with Government Toronto, Ontario Content Type(s): Press, Speeches and appearances, Presentations
November 12, 2008 Bank of Canada Introduces Further Measure to Provide Liquidity to the Canadian Financial System Consistent with its commitments under the G7 Plan of Action, the Bank of Canada announced on 14 October measures to provide exceptional liquidity to the Canadian financial system. Further to these measures, the Bank today announced plans for a Canadian Dollar Term Loan Facility (TLF). Content Type(s): Press, Market notices
November 11, 2008 The Role of Dealers in Providing Interday Liquidity in the Canadian-Dollar Market Bank of Canada Review - Winter 2008-2009 Chris D'Souza Access to information about the future direction of the exchange rate can be extremely valuable in the foreign exchange market. Evidence presented in this article suggests that Canadian dealers are more likely to provide interday liquidity to foreign, rather than Canadian, financial customers, since foreign financial flows can be more informative about future movements in the exchange rate. The author reveals a statistical relationship between the supply of liquidity provided by non-financial firms and that provided by dealing institutions across time, and across markets, and suggests that the relationship between the positions of commercial clients and market-makers, and the role played by dealers in interday liquidity provision, has been understated in the market microstructure literature. Content Type(s): Publications, Bank of Canada Review articles Topic(s): Exchange rates, Financial institutions, Financial markets, Market structure and pricing