| 000 | 00000cam 2200000zi 4500 |
| 001 | 9.962940 |
| 003 | CaOODSP |
| 005 | 20260525144649 |
| 006 | m o d f |
| 007 | cr |n||||||||| |
| 008 | 260521e20260507oncd ob f|0| 0 eng d |
| 040 | |aCaOODSP|beng|erda|cCaOODSP |
| 041 | 0 |aeng|beng|bfre |
| 043 | |an-cn--- |
| 086 | 1 |aFB3-8/2026-15E-PDF |
| 100 | 1 |aFontaine, Jean-Sébastien, |eauthor. |
| 245 | 12|aA buoy on funding tides : |bhow client repo demand and dealer constraints lifted CORRA / |cJean-Sébastien Fontaine, Neil Maru, Sofia Tchamova. |
| 246 | 2 |aBuoy on funding tides : |bhow client repo demand and dealer constraints lifted Canadian Overnight Repo Rate Average |
| 264 | 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |cMay 7, 2026. |
| 264 | 4|c©2026 |
| 300 | |a1 online resource (ii, 13 pages) : |bcharts. |
| 336 | |atext|btxt|2rdacontent |
| 337 | |acomputer|bc|2rdamedia |
| 338 | |aonline resource|bcr|2rdacarrier |
| 490 | 1 |aStaff analytical paper = |aDocument analytique du personnel, |x3110-9195 ; |v2026-15 |
| 500 | |aCover title. |
| 504 | |aIncludes bibliographical references. |
| 520 | |a"The CORRA benchmark interest rate experienced sustained pressures in Canada around the Fall of 2025. The growing imbalance between repo lenders and borrowers meant that funding markets increasingly relied on Canadian banks’ balance sheets to absorb this funding gap. The Bank of Canada’s adjustments to its term repo operations, together with an eventual reduction in the imbalance between lenders and borrowers, both contributed to relieve pressures. The episode highlights that pressures on the CORRA benchmark can emerge from the interaction of client borrowing behavior, dealer balance sheet constraints, even if the level of settlement balances is in a range deemed sufficient to meet the requirement of the payment system and the prudential demand of its members"--Abstract. |
| 546 | |aIncludes abstract in French. |
| 650 | 0|aInterest rates|zCanada. |
| 650 | 0|aMonetary policy|zCanada. |
| 650 | 6|aTaux d'intérêt|zCanada. |
| 650 | 6|aPolitique moneĢtaire|zCanada. |
| 710 | 2 |aBank of Canada, |eissuing body. |
| 830 | #0|aStaff analytical paper (Bank of Canada)|x3110-9195 ; |v2026-15.|w(CaOODSP)9.958938 |
| 856 | 40|qPDF|s552 KB|uhttps://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-8-2026-15-eng.pdf |