The Bank of Canada most common operations have been repurchase transactions with ________.
A) stockbrokers
B) primary dealers
C) the public
D) other central banks

Question

Quizplus · Accepted Answer

The Bank of Canada's most common operations have been repurchase transactions with primary dealers. Primary dealers are a group of financial institutions that have an established relationship with the central bank and are authorized to participate in the purchase and sale of government securities.

The Bank of Canada Most Common Operations Have Been Repurchase