Bloomberg News

Bank of Canada Lends C$125 Million of Securities for One Day

February 21, 2013

The Bank of Canada made C$125 million ($123 million) in one-day loans of securities, under a program that aims to boost the supply of government bonds and treasury bills in the market when demand is high.

The Ottawa-based central bank announced the loan, which follows similar lending the previous two days, on its website today.

To contact the reporter on this story: Chris Fournier in Ottawa at cfournier3@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net


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