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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.
OTTAWA (MNI)
The Bank of Canada's holdings of treasury bills have fallen below the billion-dollar mark for the first time in records back to 1980, down to CAD974 million earlier this month.
BOC records always show some treasury bills on its books, and former officials told MNI the bank could rejoin auctions but it is possible they would allow their holdings to disappear. The BOC earlier in the pandemic opted not to bid at regular government bill auctions as focus shifted to bond purchases supporting its QE program, now in a reinvestment phase.
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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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