Monday, February 23, 2009

Bank of Canada intervening in bond markets

The Financial Post has had a series of articles over the past couple of days on Bank of Canada support for corporate bond markets. This is part (apparently) of a much larger initiative to restore capital markets, and the figures being talked about for this are breathtaking ($200 billion), but what is even more so is the deliberately low key approach being taken by both the banks and the Government of Canada.

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