December 21, 2017 / 3:13 PM / 10 months ago

Bank of Canada lowers minimum purchase amount of nominal bonds

OTTAWA, Dec 21 (Reuters) - The Bank of Canada said on Thursday it was decreasing its minimum purchase amount of nominal bonds at auctions to 13 percent from the current 14 percent level, effective immediately.

The central bank said the change was for balance-sheet purposes only and has no implications for monetary policy. (Reporting by Leah Schnurr Editing by Chizu Nomiyama)

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