Announcement
03 Apr 2020
In April 2020, the Bank of Canada announced the purchase of CAD 36 million in commercial papers from Paccar Financial Ltd as part of the Commercial Paper Purchase Program (CPPP) to support financial market stability during the COVID-19 pandemic.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
03 Apr 2020
Revocation date:
No revocation date
State loan
In force
On 3 April 2020, the Bank of Canada purchased the commercial paper of Paccar Financial Ltd. The volume of the transaction is CAD 36 million (USD 25.2 million). The Bank of Canada conducted the transac...
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