Market Notices

• October 24, 2024

  Bank of Canada announces a change to Overnight Repo operations

  Effective Friday, October 25, 2024, the aggregate cash value amount offered in each Overnight Repo (OR) operation will change to a minimum of $8 billion.

  Content Type(s): Press, Market notices Source(s): Overnight repo operations
• October 8, 2024

  BATVN publishes an overview of the Canadian repo market

  Today, the Bankers’ Acceptance Transition Virtual Network (BATVN), established by the Canadian Fixed-Income Forum (CFIF) to support the transition away from BAs, published an overview of the Canadian repo market.

  Content Type(s): Press, Market notices Source(s): Canadian Fixed-Income Forum, Collateral Infrastructure and Market Practices Advisory Group
• September 24, 2024

  Bank of Canada launches Securities Lending Program as replacement to Securities Repo Operations

  The Bank of Canada will launch its Securities Lending Program (SLP) on 2 October 2024.

  Content Type(s): Press, Market notices Source(s): Securities Lending Program, Securities Repo Operations
• September 10, 2024

  Government of Canada Debt Distribution Framework Review Consultations

  A consultation document pertaining to the design of the Government of Canada debt distribution framework, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today.

  Content Type(s): Press, Market notices
• September 10, 2024

  Debt Management Strategy Consultations – 2025-26

  The Department of Finance and the Bank of Canada are seeking the views of government securities distributors, institutional investors, and other interested parties on issues related to the design and operation of the Government of Canada’s domestic debt program for 2025-26 and beyond.

  Content Type(s): Press, Market notices
• July 22, 2024

  CFEC Releases Results of April 2024 Foreign Exchange Volume Survey

  The Canadian Foreign Exchange Committee (CFEC) released today the results of its April 2024 semi-annual survey of foreign exchange volumes in Canada.

  Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee
• July 12, 2024

  Bank of Canada announces increases to the dealer and round limits for Overnight Repo operations

  Effective Monday, July 15, 2024, dealer limits for Overnight Repo (OR) operations will increase to $3 billion for each eligible participant from the previous $1 billion.

  Content Type(s): Press, Market notices Source(s): Overnight repo operations
• June 26, 2024

  CFIF-BATVN publishes an educational primer on Canadian Asset-Backed Commercial Paper

  Canadian money markets are undergoing a significant change due to the disappearance of Bankers Acceptances (BAs). BAs will no longer be issued by the major Canadian banks after the cessation of the Canadian Dollar Offered Rate’s (CDOR) publication on June 28, 2024.

  Content Type(s): Press, Market notices Source(s): Canadian Fixed-Income Forum
• June 11, 2024

  Changes to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility

  The Bank of Canada is announcing the addition of Secured General Collateral Notes (SGC Notes) as eligible collateral under its Standing Liquidity Facility (SLF), with the intent to support the development of this new market.

  Content Type(s): Press, Market notices
• June 10, 2024

  CARR provides guidance for CDOR-based loans, derivatives and securities that do not have a robust fallback in place for CDOR’s cessation post June 28, 2024

  The Canadian Alternative Reference Rate working group (CARR) is providing guidance to market participants with respect to CDOR-linked loans, derivatives and securities that do not have adequate fallback language to address the cessation of CDOR following the final publication by Refinitiv Benchmark Services (UK) Limited on June 28, 2024 (the “Cessation Date”).

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group