March 12, 2020 / 8:41 PM / 24 days ago

Bank of Canada says it will provide more liquidity for markets

OTTAWA, March 12 (Reuters) - The Bank of Canada on Thursday said it would provide more liquidity to ensure markets continue to operate smoothly amid increasing uncertainty sparked by a coronavirus outbreak.

In a statement, the central bank said it would expand its bond buy back program and temporarily add new term repo operations with terms of 6 and 12 months. (Reporting by David Ljunggren; Editing by Sandra Maler)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below