IDEAS home Printed from https://ideas.repec.org/p/bca/bocsan/25-12.html
   My bibliography  Save this paper

The Contingent Term Repo Facility: Lessons learned and an update

Author

Listed:
  • Jessie Ziqing Chen
  • Parnell Chu
  • Scott Kinnear

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.

Suggested Citation

  • Jessie Ziqing Chen & Parnell Chu & Scott Kinnear, 2025. "The Contingent Term Repo Facility: Lessons learned and an update," Staff Analytical Notes 2025-12, Bank of Canada.
    • Handle: RePEc:bca:bocsan:25-12
    DOI: 10.34989/san-2025-12
    as

    Download full text from publisher

    File URL: https://doi.org/10.34989/san-2025-12
    File Function: Abstract
    Download Restriction: no
    File URL: https://libkey.io/10.34989/san-2025-12?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Central bank research; Financial stability; Lender of last resort;
    All these keywords.

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F6 - International Economics - - Economic Impacts of Globalization
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy
    • G0 - Financial Economics - - General
    • G01 - Financial Economics - - General - - - Financial Crises
    • G2 - Financial Economics - - Financial Institutions and Services
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bca:bocsan:25-12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/bocgvca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.