Report
Bank of Canada increases two-week repo operation sizes, aiming to ease Corra pressure
Bloomberg reports Deputy Governor Toni Gravelle said the central bank is regularly making its two-week repo operations larger to reduce strains in short-term funding markets.
TLDR
Bloomberg reports Gravelle said the Bank of Canada is regularly increasing the size of its two-week repo operations. The bank is trying to reduce upward pressure on Corra and ease strains in short-term funding markets.
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