Global Trade Alert
Global Trade Alert

Canada: Bank of Canada establishes the Corporate Bond Purchase Program (CBPP)

Announcement

15 Apr 2020

In March 2020, the Bank of Canada established the Corporate Bond Purchase Program to purchase eligible corporate bonds in the secondary market.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

26 May 2020

Revocation date:

No revocation date

State aid, nes

On 15 April 2020, the Bank of Canada established the Corporate Bond Purchase Program (CBPP) to support the liquidity and proper functioning of the corporate debt market. Under the CBPP, the Bank of Ca...

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