Operational details for upcoming secondary market purchases of Government of Canada securities (October 13-23)
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 October 13 are announced below.
The Bank will conduct the following purchase operations the week of October 13:
The Bank will conduct the following purchase operations the week of October 19:
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
Bank of Canada613-782-8782