Thursday, August 11, 2011
...REUTERS...! I did not know they were "Thomson"...!
Bank of Canada injects funds to keep rate on target
Reuters Aug 11, 2011 – 3:01 PM ET | Last Updated: Aug 11, 2011 3:02 PM ET
The Bank of Canada has "injected" hundreds of millions of dollars into the market, for the first time since December, to lower the overnight interest rate toward the central bank’s 1% target and improve liquidity.
The bank injected $305-million on Wednesday and $375-million on Thursday, its website showed.
“It’s a routine midday operation to reinforce our target for the overnight rate,” spokesman Alexandre Deslongchamps said. The Bank of Canada did this sort of operation regularly during the height of the credit crunch but has not done it since December.
Deslong champs said it was “routine in the sense that when it strays from the target, we do it.” The bank used special purchase and resale agreements, or SPRAs, buying securities with the agreement to sell them back in the next business day, effectively injecting money into markets.
...THE ABSURD GAME OF THE DESPOT'S OF GOVERNMENTS, THE RICH, AND "SLAVISTS"...! ...WHOSE MONEY WAS LOST AND TRANSFERRED FROM THIS GOV. BUY AND SALE ? some very "big" stupid assholes...!
IF ALL YOU CITIZENS OF CANADA REALLY KNEW WHAT THIS ONE DAY SPECIAL BUY AND SELL THE GOVERNMENT OF CANADA DID REALLY WAS AND MEANS, YOU "WOOD" NEVER DO ANYTHING FOR THE GOVERNMENT EVER AGAIN or TRUST THEM [taxes]!
THEY NEED US ALL FOR THEM TO BE...! TO BE THEIR SUBMISSIVE POOR ASSHOLES, THAT WORK REALLY FOR NOTHING !
THAT WORK FOR NOTHING AS TO STOP THE ALREADY DEPLETION OF WORLD NECESSARY NATURAL RESOURCES ! AND THE DEVELOPMENT OF MORE LOGIC HUMANS FROM THESE "ABSURD" MEDIOCRE MINDS ! ! !
...their stocks markets are "legal" pyramids that you cannot do privately, THE WELL KNOWN "ZERO SUM NUMBER GAME" OF WHAT GOES IN COMES OUT MAINLY TO THEIR POCKETS, if it is there or other ! .
Essentially the "Adults with infantile minds" of the Government of Canada and other Governments, are the Bank of the children's game we all play or have played of "M_O_N_O_P_O_L_Y : in which all the players are not poor but can end BROKE !