BoC says it is experiencing an internal computer systems issue; call for tenders for Wednesday auction of receiver general balances has been delayed
- Other market operations may be affected.
- While the issue has been identified and recovery is underway, we do not currently have a timeline for when it will be completely resolved.
Context
The Bank of Canada's internal computer systems issue and subsequent delay in auction tenders highlights potential disruptions in market operations. While the issue is being addressed, uncertainty regarding the timeline for resolution could lead to temporary volatility in Canadian fixed income markets and weaken investor confidence in the BoC's operational reliability.
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