Bank of Canada to add certain C$ ABS to approved collateral list
OTTAWA Jan 29 (Reuters) - The Bank of Canada announced plans on Thursday to add certain Canadian-dollar denominated term asset-backed securities to the list of eligible collateral under the central bank's Standing Liquidity Facility.
The acceptable asset-backed securities would include those backed by residential mortgages. The change is slated to take effect on March 31.
(Reporting by Randall Palmer)
© Thomson Reuters 2016 All rights reserved.