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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessCanada to Reintroduce Auction Of Receiver General Cash Balances
- "The Bank of Canada (the “Bank”), in its role as fiscal agent for the Government of Canada, said today it will reintroduce the morning auction of Receiver General (RG) cash balances in the coming weeks. These operations had been suspended in August 2020 due to a lack of participation."
- "Prior to their suspension, the morning RG auction was conducted daily at 9:15 (ET) and was part of how the government managed its Canadian dollar cash balances, ensuring sufficient cash was available to meet its operating and liquidity requirements while investing excess cash balances in a prudent and cost-effective manner. The reintroduction of these routine operations allows the government to earn a competitive market-driven rate of return on its excess cash balances."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.