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].

Permanent link to this Catalogue record:
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Publication information
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
Note(s) "March 2013."
Title from caption.
Issued also in French under title: Le seigneuriage.
Publishing information [Ottawa] : Bank of Canada, c2013.
Description [1] p.
Catalogue number
  • FB12-7/24-2013E-PDF
Subject terms Income
Currency
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