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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: stan_hughes who wrote (86962)9/27/2007 10:42:15 AM
From: ldo79  Read Replies (1) | Respond to of 110194
 
Canada injects nearly $1 billion to cut o/n rate
Thu Sep 27, 2007 10:34am EDT

OTTAWA, Sept 27 (Reuters) - The Bank of Canada injected C$985 million into financial markets on Thursday in a bid to lower the overnight interest rate toward the central bank's target and improve liquidity.

The bank intervened regularly in August during a credit crunch but had stayed out of the market since.

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