February 9, 2009 Bank of Canada Announces Details of its 84 Day Term PRA Transaction In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 20 January, the Bank of Canada announced today that it will enter into a 84-day term PRA transaction. Content Type(s): Press, Market notices
February 9, 2009 Results of the 9 February 2009 Term PRA Transaction for Private Sector Money Market Instruments Results of today's term PRA operations. Content Type(s): Press, Market notices
February 9, 2009 Results for the 9 February 2009 Term Loan Facility Results of today's TLF operation. Content Type(s): Press, Market notices
February 9, 2009 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 today's 14-day Term PRA Facility for Private Sector Money Market Instruments is 1.700%. Content Type(s): Press, Market notices
February 6, 2009 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 20 January, the Bank of Canada announced today that it will enter into a 14-day term PRA transaction for private sector money market instruments. Content Type(s): Press, Market notices
February 6, 2009 Bank of Canada Announces Details of its 28 Day Term Loan Facility In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 20 January, the Bank of Canada announced today that it will enter into a 28-day TLF transaction. Content Type(s): Press, Market notices
February 3, 2009 Results of the 3 February 2009 Term PRA Transaction The results of today's term PRA operations. Content Type(s): Press, Market notices
February 3, 2009 Bank of Canada Announces Extension of Expanded Swap Facility with U.S. Federal Reserve To address continued pressures in global U.S. dollar funding markets, the temporary reciprocal currency arrangements (swap lines) between the Federal Reserve and other central banks have been extended to 30 October 2009. Content Type(s): Press, Market notices
February 2, 2009 Bank of Canada Announces Details of its 35 Day Term PRA Transaction In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 20 January, the Bank of Canada announced today that it will enter into a 35-day term PRA transaction. Content Type(s): Press, Market notices
Inventories and Real Rigidities in New Keynesian Business Cycle Models Staff Working Paper 2009-9 Oleksiy Kryvtsov, Virgiliu Midrigan Kryvtsov and Midrigan (2008) study the behavior of inventories in an economy with menu costs, fixed ordering costs and the possibility of stock-outs. This paper extends their analysis to a richer setting that is capable of more closely accounting for the dynamics of the US business cycle. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Monetary policy transmission JEL Code(s): E, E3, E31, F, F1, F12