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BOC Paper on Impact of QE Program

CANADA
  • BOC staff on Friday publish paper on effects of its initial CAD5b per week QE program, showing an average 10bp reduction in yields, more impact at short end
  • Also discussed the surprise effect of the program and general market confidence around the time it was introduced
  • Paper here: https://tinyurl.com/trdpzru5
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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