CFIF publishes an update on the transition away from BAs ...Middle East

canadian news today - News
CFIF publishes an update on the transition away from BAs
With the cessation of the Canadian Dollar Offered Rate’s (CDOR) publication in June 2024, Bankers’ Acceptances (BA) will no longer be issued by the major Canadian banks. Given their importance as a short-term investable asset, an orderly transition away from BAs is vital for the well functioning of the Canadian money market. To help with this effort, the Canadian Fixed-Income Forum (CFIF) formed a working group in early 2023 to support the BA transition.  The BA Transition Virtual Network is co-chaired by Elaine Lindhorst (TD Asset Management) and Charles Lesaux (RBC Capital Markets) and consists of members from close to 30 institutions, primarily representing the major buy-side investors

Hence then, the article about cfif publishes an update on the transition away from bas was published today ( ) and is available on canadian news today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( CFIF publishes an update on the transition away from BAs )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News