Bank of Canada Partners with CanDeal DNA for Fixed Income Pricing Data
The Bank of Canada has entered into a multi-year agreement to use the pricing data from CanDeal Data & Analytics (DNA) as its source for Canadian fixed income securities. This partnership will support the Bank's monetary policy, financial system operations, and risk management functions, including its tri-party collateral management service during periods of market stress. CanDeal DNA provides dealer-sourced over-the-counter content to industry participants and is recognized for delivering accurate pricing data. The collaboration with the central bank marks a significant milestone in reinforcing confidence in Canada's capital markets. CanDeal will also publish Government of Canada benchmark bond yields on the Bank’s website, enhancing transparency and efficiency. CanDeal Group operates several divisions focused on liquidity access, market data services, and benchmark interest rates like Term CORRA. The company is backed by major Canadian financial institutions.
Topics: Bank of Canada CanDeal DNA collateral management fixed income pricing data