IDEAS home Printed from https://ideas.repec.org/p/bca/bocsan/25-6.html
   My bibliography  Save this paper

The new repo tri-party Canadian Collateral Management Service: Benefits to the financial system and to the Bank of Canada

Author

Listed:
  • Philippe Muller
  • Maksym Padalko

Abstract

The Canadian Collateral Management Service (CCMS) is a new tri-party collateral management service offered by the TMX Group and Clearstream. CCMS will enhance Canada’s financial infrastructure for securities financing transactions, including for the repurchase, or repo, market that is a core funding market in Canada. We explain the importance of the repo market and describe the benefits of the CCMS for market participants and for the Bank of Canada.

Suggested Citation

  • Philippe Muller & Maksym Padalko, 2025. "The new repo tri-party Canadian Collateral Management Service: Benefits to the financial system and to the Bank of Canada," Staff Analytical Notes 2025-6, Bank of Canada.
    • Handle: RePEc:bca:bocsan:25-6
    DOI: 10.34989/san-2025-6
    as

    Download full text from publisher

    File URL: https://doi.org/10.34989/san-2025-6
    File Function: Abstract
    Download Restriction: no
    File URL: https://libkey.io/10.34989/san-2025-6?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
    ---><---

    References listed on IDEAS

    as
    1. Guillaume Bédard-Pagé & Daniel Bolduc-Zuluaga & Annick Demers & Jean-Philippe Dion & Manu Pandey & Léanne Berger-Soucy & Adrian Walton, 2021. "COVID-19 crisis: Liquidity management at Canada’s largest public pension funds," Staff Analytical Notes 2021-11, Bank of Canada.
    2. Boran Plong & Neil Maru, 2024. "CORRA: Explaining the rise in volumes and resulting upward pressure," Staff Analytical Notes 2024-21, Bank of Canada.
    3. Jessie Ziqing Chen & Johannes Chen & Shamarthi Ghosh & Manu Pandey & Adrian Walton, 2022. "Potential netting benefits from expanded central clearing in Canada’s fixed-income market," Staff Analytical Notes 2022-8, Bank of Canada.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cimon, David A. & Walton, Adrian, 2024. "Central bank liquidity facilities and market making," Journal of Banking & Finance, Elsevier, vol. 162(C).

    More about this item

    Keywords

    Financial institutions; Financial markets; Market structure and pricing;
    All these keywords.

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • 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:25-6. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.