A primer on the Canadian bankers' acceptance market / by Kaetlynd McRae and Danny Auger.: FB3-6/2018-6E-PDF

"This paper provides an overview of the bankers’ acceptance (BA) market in Canada, including a brief summary of the market’s history, evolution and lending mechanics. The paper also explains the essential link between BAs and the Canadian Dollar Offered Rate (CDOR), which is the main benchmark used to calculate the floating interest rate for both over-the-counter and exchange-traded Canadian-dollar derivative products"--Introd., p. 1.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.858247&sl=0

Publication information
Department/Agency Bank of Canada.
Title A primer on the Canadian bankers' acceptance market / by Kaetlynd McRae and Danny Auger.
Series title Bank of Canada staff discussion paper, 1914-0568 ; 2018-6
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "June 2018."
Includes bibliographical references.
Includes abstract in French.
Publishing information [Ottawa] : Bank of Canada, 2018.
Author / Contributor McRae, Kaetlynd.
Auger, Danny.
Description iii, 37 p. : col. charts.
Catalogue number
  • FB3-6/2018-6E-PDF
Subject terms Acceptances
Money market
Interest rates
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