Bank of Canada selects CanDeal Data & Analytics as reference pricing provider for Canadian fixed-income securities
The Bank of Canada has entered into a multi-year agreement to use the CanDeal DNA Reference Pricing service provided by CanDeal Data & Analytics. This partnership will support the central bank’s operations, market analysis, research, strategy development, and risk management activities. The data from CanDeal DNA will also be used in conjunction with the Canadian Collateral Management Service (CCMS) to enhance efficiency and scalability during periods of financial stress. CanDeal DNA has committed to publishing yields on Canada's benchmark government bonds directly on the Bank’s website. This collaboration is seen as a milestone for both parties, reinforcing trust in Canada’s capital markets through improved transparency and resilience. CanDeal Data & Analytics provides comprehensive pricing data from over-the-counter (OTC) fixed-income instruments across various sectors. CanDeal Group operates several key services including market access platforms, benchmark solutions like the CORRA rate, and shared financial infrastructure for Canadian institutions.
Topics: Bank of Canada CanDeal Data & Analytics Financial Market Infrastructure Reference Pricing