Announcement
06 Apr 2020
In April 2020, the Bank of Canada announced the purchase of CAD 50 million in commercial papers from Honda Canada Finance Inc 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
06 Apr 2020
Revocation date:
No revocation date
State loan
In force
On 6 April 2020, the Bank of Canada purchased the commercial paper of Honda Canada Finance Inc. The volume of the transaction is CAD 50 million (USD 35.43 million). The Bank of Canada conducted the tr...
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