The Bank of Canada today announced that it plans to start accepting certain types of asset-backed commercial paper as collateral for use under its Standing Liquidity Facility.In the context of the ongoing review of the Bank of Canada’s collateral policy, which began in the spring, the Bank has decided to broaden the range of securities […]
Core operations continue to perform well, ATB says
Bank revalues ABCP
Perimeter Financial Corp. announced that its market to trade asset-backed commercial paper will open on November 14. The market, which will be operated by Perimeter’s wholly-owned subsidiary Perimeter Markets Inc., will be open to members of the Investment Dealers Association of Canada and institutional investors wishing to buy, or sell, ABCP holdings. All trading will […]
Market transparency must improve
CICA recommends directors focus on key questions
No injections of liquidity from Bank of Canada for two days
Conduits sponsored by six Canadian and two international banks now meet the GLS-ABCP standard
Members agree not to enforce any default rights they may have against the issuer conduits
Citigroup, Bank of America, J.P. Morgan Chase unite to buy distressed debt