Estimating the appropriate quantity of settlement balances in a floor system / by Narayan Bulusu, Matt McNeely, Kaetlynd McRae and Jonathan Witmer. : FB3-6/2023-26E-PDF
"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.
Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.929023&sl=1
| Ministère/Organisme |
|
|---|---|
| Titre | Estimating the appropriate quantity of settlement balances in a floor system / by Narayan Bulusu, Matt McNeely, Kaetlynd McRae and Jonathan Witmer. |
| Titre de la série |
|
| Type de publication | Monographie - Voir l'enregistrement principal |
| Langue | [Anglais] |
| Format | Texte numérique |
| Document électronique | |
| Note(s) |
|
| Information sur la publication |
|
| Auteur / Contributeur |
|
| Description | 1 online resource (ii, 18 pages) : charts. |
| Numéro de catalogue |
|
| Descripteurs |
Demander des formats alternatifs
Pour demander une publication dans un format alternatif, remplissez le formulaire électronique des publications du gouvernement du Canada. Utilisez le champ du formulaire «question ou commentaire» pour spécifier la publication demandée.Détails de la page
- Date de modification :