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.
The Bank of Canada's treasury bill holdings fell to the lowest since 1986 as the central bank continued a 5-month streak of sitting out new auctions, focusing instead on QE purchases of federal government bonds.
The bill stockpile shrank to CAD5.38 billion as of Sept. 8 from CAD5.64 a week earlier and CAD52 billion at the start of the year, according to figures from the central bank. BOC records back to 1980 always show some T-bills on its books, and former officials told MNI the bank could rejoin auctions but it's possible they would allow their holdings to disappear. Governor Tiff Macklem on Thursday laid out a plan to halt net new bond purchases and signaled the BOC may allow QE to fade after it raises interest rates. 
Source: BOC
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.