December 26, 2024

Operational details for upcoming secondary market purchases of Government of Canada securities (June 7-18)

Bank of Canada #BankofCanada

As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). The GBPP operations for the two-week period beginning June 7, 2021 are announced below.

The Bank will conduct the following purchase operations the week of June 7:

  • Monday, June 7 in the 2-year sector.
  • Tuesday, June 8 in the 30-year sector
  • Thursday, June 10 in the 10-year sector.
  • Friday, June 11 in the 5-year sector.
  • The Bank will conduct the following purchase operations the week of June 14:

  • Monday, June 14 in the 10-year sector.
  • Tuesday, June 15 in the 30-year sector
  • Wednesday, June 16 in 5-year sector.
  • Thursday, June 17 in the 2-year sector.
  • NOTE: all operations will have a T+2 settlement unless otherwise stated.

    The secondary market purchases conducted by the Bank should settle with the Bank (CUID: BOCB) and not the Government of Canada.

    The Bank will announce specific operational details (size, timing, the basket of eligible securities) at least one day ahead of each operation.

    The Bank continues to monitor market developments closely and remains committed to supporting the liquidity and efficient functioning of the Government of Canada bond market.

    DirectorFinancial Markets DepartmentBank of Canada613-782-7723

    DirectorFinancial Markets DepartmentBank of Canada613-782-7245

    Media RelationsBank of Canada

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