November 10, 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 2.980%. Content Type(s): Press, Market notices
The Role of Foreign Exchange Dealers in Providing Overnight Liquidity Staff Working Paper 2008-44 Chris D'Souza This paper illustrates that dealers in foreign exchange markets not only provide intraday liquidity, they are key participants in the provision of overnight liquidity. Dealing institutions receive compensation for holding undesired inventory balances in part from the information they receive in customer trades. Content Type(s): Staff research, Staff working papers Topic(s): Exchange rates, Financial markets, Market structure and pricing JEL Code(s): D, D8, D82, F, F3, F31, G, G2, G21
November 7, 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 6, 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 6, 2008 Results of the 6 November 2008 Sale of Treasury Bills for Balance Sheet Management Purposes Results of the 6 November 2008 Sale of Treasury Bills. Content Type(s): Press, Market notices
November 5, 2008 Bank of Canada establishes period for temporary eligibility of non-mortgage loan portfolios for collateral purposes Further to the Bank's announcement on 14 October 2008 of new measures to provide liquidity to the Canadian financial system as part of the G7 action plan, the Bank has established the period for the temporary eligibility of non-mortgage loan portfolios for collateral purposes. Content Type(s): Press, Market notices
November 4, 2008 Results of the 4 November 2008 Term PRA Transaction The results of today's term PRA operations are as follows: Content Type(s): Press, Market notices
November 3, 2008 Bank of Canada announces senior appointments in new internal structure Media Relations Ottawa, Ontario In order to hone its focus on a safe and sound financial system, reinforce research, and streamline management processes, the Bank of Canada has realigned responsibilities and made a series of senior appointments to lead its work in monetary policy, financial stability, management of the Government of Canada's funds, and Canadian bank notes. Content Type(s): Press, Press releases
November 3, 2008 Bank of Canada to Sell Treasury Bills for Balance Sheet Management Purposes The Bank of Canada announced today it will sell $0.85 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 3, 2008 Bank of Canada Announces Term PRA Transactions Since 19 September 2008, the Bank of Canada has extended $26 billion in seven Purchase and Resale Agreement (PRA) operations to provide liquidity to Canadian term lending markets. Content Type(s): Press, Market notices