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| 001 | 9.929023 |
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| 003 | CaOODSP |
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| 005 | 20240826172750 |
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| 006 | m o d f |
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| 007 | cr |n||||||||| |
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| 008 | 231018t20232023oncd ob f|0| 0 eng d |
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| 040 | |aCaOODSP|beng|erda|cCaOODSP |
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| 041 | |aeng|beng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-6/2023-26E-PDF |
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| 100 | 1 |aBulusu, Narayan, |eauthor. |
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| 245 | 10|aEstimating the appropriate quantity of settlement balances in a floor system / |cby Narayan Bulusu, Matt McNeely, Kaetlynd McRae and Jonathan Witmer. |
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| 264 | 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2023. |
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| 264 | 4|c©2023 |
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| 300 | |a1 online resource (ii, 18 pages) : |bcharts. |
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| 336 | |atext|btxt|2rdacontent |
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| 337 | |acomputer|bc|2rdamedia |
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| 338 | |aonline resource|bcr|2rdacarrier |
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| 490 | 1 |aStaff discussion paper = |aDocument d'analyse du personnel, |x1914-0568 ; |v2023-26 |
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| 500 | |a"Last updated: October 13, 2023." |
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| 500 | |aCover title. |
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| 504 | |aIncludes bibliographical references. |
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| 520 | |a"In April 2022, the Bank of Canada announced that it would continue to use a floor system to implement monetary policy by providing a sufficiently large quantity of settlement balances to enable the overnight repo rate to trade at close to the deposit rate. In contrast, the Bank’s guiding principles of prudence, transparency and neutrality, which govern the management of its balance sheet, favour maintaining settlement balances as low as possible. In this context, this paper describes two complementary approaches to estimating the appropriate quantity of settlement balances needed to effectively maintain a floor system"--Abstract. |
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| 546 | |aIncludes abstract in French. |
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| 650 | 0|aMonetary policy|zCanada. |
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| 650 | 6|aPolitique moneĢtaire|zCanada. |
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| 710 | 2 |aBank of Canada, |eissuing body. |
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| 830 | #0|aStaff discussion paper (Bank of Canada)|x1914-0568 ; |v2023-26.|w(CaOODSP)9.806273 |
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| 856 | 40|qPDF|s699 KB|uhttps://publications.gc.ca/collections/collection_2023/banque-bank-canada/FB3-6-2023-26-eng.pdf |
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