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The impact of the Bank of Canada’s Government Bond Purchase Program

Rohan Arora (), Sermin Gungor, Joe Nesrallah, Guillaume Ouellet Leblanc () and Jonathan Witmer ()

No 2021-23, Staff Analytical Notes from Bank of Canada

Abstract: We assess the response of Government of Canada bond yields to the Bank of Canada’s initial announcement of the Government Bond Purchase Program (GBPP) as well as to the Bank’s later GBPP purchase operations.

Keywords: Monetary policy; Monetary policy implementation; Monetary policy transmission (search for similar items in EconPapers)
JEL-codes: E58 E63 (search for similar items in EconPapers)
Date: 2021-10
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
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