Seigniorage: FB12-7/24-2013E-PDF

"Seigniorage is the revenue earned from the issue of money. Historically, this revenue accrued to the “seigneur” or ruler. In Canada today, seigniorage can be calculated as the difference between the interest the Bank of Canada earns on a portfolio of Government of Canada securities—in which it invests the total value of all bank notes in circulation—and the cost of issuing, distributing, and replacing those notes"--p. [1].

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Department/Agency Bank of Canada.
Title Seigniorage
Series Title Backgrounders
Publication Type Series - View Master Record
Language [English]
Other Language Editions [French]
Format Electronic
Electronic Document

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Note "March 2013." Title from caption. Issued also in French under title: Le seigneuriage.
Date c2013.
Number of Pages [1] p.
Catalogue Number
  • FB12-7/24-2013E-PDF
Subject Terms Income, Currency