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The Contingent Term Repo Facility: Lessons learned and an update

Year: 2025
Type: article
Abstract: In 2024, the Bank of Canada reviewed and updated its Contingent Term Repo Facility policy, incorporating lessons learned from the COVID-19 pandemic and other global market developments, such as the UK gilt crisis in September 2022. This paper accompanies the March 17, 2025, Contingent Term Repo Facility market notice and provides background information and further details about the design of the revised policy.
Authors: Chen, Jessie Ziqing, Chu, Parnell, Kinnear, Scott
Institution: Bank of Canada
Language: English
Open Access status: green
OpenAlex ID: W6947063359
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