Term repo operations

• January 29, 2025

  Bank of Canada provides operational details for restarting asset purchases to end quantitative tightening

  Today, the Bank of Canada is announcing its plan to complete its balance sheet normalization, ending quantitative tightening.

  Content Type(s): Press, Market notices Source(s): Term repo operations
• March 23, 2021

  Bank of Canada announces the discontinuation of market functioning programs introduced during COVID-19

  As overall financial market conditions continue to improve in Canada, use of the Bank of Canada’s programs that were introduced in 2020 in response to the shock from COVID-19 to support the functioning of key Canadian financial markets, has declined significantly.

  Content Type(s): Press, Market notices Source(s): Bankers’ Acceptance Purchase Facility, Commercial Paper Purchase Program, Contingent Term Repo Facility, Corporate Bond Purchase Program, Provincial Bond Purchase Program, Provincial Money Market Purchase Program, Term repo operations
• October 15, 2020

  Bank of Canada announces changes to programs that support key financial markets

  As overall financial market conditions continue to improve in Canada, usage in several of the Bank of Canada’s programs that support the functioning of key financial markets has declined significantly.

  Content Type(s): Press, Market notices Source(s): Bankers’ Acceptance Purchase Facility, Canada Mortgage Bond Purchase Program, Term repo operations
• June 3, 2020

  Bank of Canada Announces Changes to Term Repo Operations and Bankers’ Acceptance Purchase Facility

  With substantial improvements in short-term funding conditions recently, as well as reduced participation since mid-April in the Bank’s extended Term Repo and Bankers’ Acceptance Purchase Facility (BAPF) operations, the Bank is making amendments to these programs.

  Content Type(s): Press, Market notices Source(s): Bankers’ Acceptance Purchase Facility, Term repo operations
• April 21, 2020

  Bank of Canada Announces Further Enhancements to its Term Repo Operations

  Following the announcement of the Bank of Canada’s new market operations to improve market functioning to support its monetary policy actions, the Term Repo terms and conditions have been revised to include term repos up to 24 months.

  Content Type(s): Press, Market notices Source(s): Term repo operations
• March 23, 2020

  Bank of Canada Announces Additional Changes to the List of Eligible Securities for its Term Repo Operations

  A further expansion of eligible collateral for Term Repo operations, in addition to the changes previously announced by the Bank on March 16th and March 18th, are being made effective immediately.

  Content Type(s): Press, Market notices Source(s): Term repo operations
• March 20, 2020

  Bank of Canada Announces Additional Measures to Support Market Functioning

  The Bank is announcing four measures today designed to support market functioning given the rapidly evolving uncertainty around the impact of COVID-19.

  Content Type(s): Press, Market notices Source(s): Contingent Term Repo Facility, Term repo operations
• March 18, 2020

  Bank of Canada Announces Temporary Expansion to the List of Eligible Securities for its Term Repo Operations and Changes to Upcoming Operations

  The Bank of Canada (Bank) is committed to supporting the efficient and continuous functioning of financial markets during the current period of uncertainty in which conditions are evolving rapidly.

  Content Type(s): Press, Market notices Source(s): Standing Liquidity Facility, Term repo operations
• March 12, 2020

  Bank of Canada Announces the Expansion of its Bond Buyback Program and Term Repo Operations

  In order to support the continuous functioning of financial markets through the provision of liquidity, the Bank of Canada announced two measures today.

  Content Type(s): Press, Market notices Source(s): Term repo operations
• August 21, 2019

  Expansion of Term Repo Operations for balance sheet management purposes

  As part of the regular management of the Bank of Canada’s (Bank) balance sheet, the Bank acquires assets to offset its liabilities, which consists mainly of bank notes in circulation and government deposits.

  Content Type(s): Press, Market notices Source(s): Term repo operations