Bank of canada already pushing limits of domestic bond market


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October 26, 2020 at 9:27 AM EDTUpdated on October 26, 2020 at 1:47 PM EDT Lock This article is for SUBSCRIBERS ONLY. Canada’s central bank is increasingly buying newly-issued government


bonds that pay for pandemic spending, potentially stoking controversy over the extent of its budget deficit financing. Market operation data from the Bank of Canada show benchmark bonds --


those currently being sold by the government, as opposed to older debt -- are making up a growing share of the central bank’s secondary market purchases.