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BOC Lends C$4.0 Billion in 28-Day Term PRA |
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Canadian Economy |
Written by CEP News |
Oct 07 08 15:09 GMT |
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(CEP News) - On Tuesday, the Bank of Canada lent C$4 billion in a 28-day term purchase and resale agreement, in an effort to continue providing liquidity to the financial system.
The operation drew a high yield of 3.925% and a low yield of 3.51%, for an average yield of 3.736%. The last operation of this kind took place on Oct. 1, when a C$4.0 billion loan drew an average yield of 3.416%. By Erik Kevin Franco,
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, edited by Sarah Sussman,
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