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008230426t20232023onc     ob   f|0| 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
043 |an-cn---
0861 |aFB3-6/2023-6E-PDF
1001 |aJohnson, Grahame, |eauthor.
24512|aA review of the Bank of Canada's market operations related to COVID-19 / |cby Grahame Johnson.
264 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2023.
264 4|c©2023
300 |a1 online resource (ii, 26 pages).
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff discussion paper = |aDocument d'analyse du personnel, |x1914-0568 ; |v2023-6
500 |a"Last updated: March 29, 2023."
504 |aIncludes bibliographical references (pages 25-26).
520 |a"The economic lockdowns that began in March 2020 in response to the COVID-19 pandemic led to an unparalleled level of financial market disruption. Investors sought liquidity by selling financial assets and drawing down loans and credit lines. The speed, scale and one-way nature of these transactions caused an almost complete breakdown of market functioning. In response, the Bank of Canada launched 10 extraordinary programs, 9 of which had never been used before, to restore market functioning. As market conditions improved, 9 of the 10 programs were wound down"--Abstract.
61020|aBank of Canada.
650 0|aCOVID-19 Pandemic, 2020-|xEconomic aspects|zCanada.
650 6|aPandémie de COVID-19, 2020-|xAspect économique|zCanada.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff discussion paper (Bank of Canada)|v2023-6.|w(CaOODSP)9.806273
85640|qPDF|s511 KB|uhttps://publications.gc.ca/collections/collection_2023/banque-bank-canada/FB3-6-2023-6-eng.pdf