Dealers gobble up funding in Bank of Canada’s first BAPF operation
The Bank of Canada’s first
operation under the Bankers’ Acceptance Purchase Facility (BAPF)
showed dealers bidding aggressively for funding, a sign that
there is some way to go before stress is reduced in Canadian
money markets.
operation under the Bankers’ Acceptance Purchase Facility (BAPF)
showed dealers bidding aggressively for funding, a sign that
there is some way to go before stress is reduced in Canadian
money markets.
Posted by Reuters
