Toronto-Dominion Bank priced the largest covered bond on record from a Canadian lender on Friday, days after the country’s central bank widened the range of securities it takes as guarantee for repurchase transactions. Bank of Nova Scotia followed with a similar deal Monday.
— Read on www.bloomberg.com/news/articles/2020-03-23/td-bank-issues-6-9-billion-of-central-bank-eligible-bonds
Tag: Repo
Fed boosts money it’s providing to banks in overnight repo lending to $175 billion
The Fed aimed to ‘support smooth functioning of funding markets’ in response to the coronavirus.
— Read on www.cnbc.com/2020/03/11/fed-boosts-money-its-providing-to-banks-in-overnight-repo-lending-to-175-billion.html