To Link or Not To Link? Netting and Exposures Between Central Counterparties Staff Working Paper 2013-6 Stacey Anderson, Jean-Philippe Dion, Héctor Pérez Saiz This paper provides a framework to compare linked and unlinked CCP configurations in terms of total netting achieved by market participants and the total system default exposures that exist between participants and CCPs. Content Type(s): Staff research, Staff working papers Topic(s): Payment clearing and settlement systems JEL Code(s): G, G1, G18, G2, G23
March 8, 2013 Weekly Financial Statistics - 8 March 2013 Content Type(s): Publications, Historical: Weekly Financial Statistics
Market Structure and Cost Pass-Through in Retail Staff Working Paper 2013-5 Gee Hee Hong, Nicholas Li We examine the extent to which vertical and horizontal market structure can together explain incomplete retail pass-through. Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices, Monetary policy transmission JEL Code(s): E, E3, E30, E31, L, L1, L11, L16
Méthodologie de construction de séries de taux de défaut pour l’industrie canadienne Staff Discussion Paper 2013-2 Ramdane Djoudad, Étienne Bordeleau Default rates are series commonly used in stress testing. In Canada, as in many other countries, there are no historical series available for sectoral default rates on bank loans to firms. Content Type(s): Staff research, Staff discussion papers Topic(s): Econometric and statistical methods, Financial institutions, Financial stability JEL Code(s): C, C1, C13, C18, G, G2, G21, G3, G33
March 6, 2013 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Content Type(s): Press, Press releases
March 1, 2013 Weekly Financial Statistics - 1 March 2013 Content Type(s): Publications, Historical: Weekly Financial Statistics
February 28, 2013 Research Update - February 2013 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
February 28, 2013 Banking and Financial Statistics - February 2013 Content Type(s): Publications, Historical: Banking and Financial Statistics
February 25, 2013 Market operations and liquidity provision Read about our market operations, programs and facilities, and access related indicators; learn about our framework for market operations and liquidity provision; and access related policies and policy consultations.