Bank of Canada Selects the CanDeal Data & Analytics ("DNA") Reference Pricing Service as its pricing source for Canadian fixed income securities

Bank of Canada Selects the CanDeal Data & Analytics ("DNA") Reference Pricing Service as its pricing source for Canadian fixed income securities

Bank of Canada Selects the CanDeal Data & Analytics ("DNA") Reference Pricing Service as its pricing source for Canadian fixed income securities

PR Newswire

TORONTO, Sept. 16, 2026

TORONTO, Sept. 16, 2026 /PRNewswire/ -- CanDeal Data & Analytics ("DNA"), a leading provider of Canadian over-the-counter financial market data solutions, is pleased to announce a multi-year agreement with the Bank of Canada for access to the CanDeal DNA Reference Pricing service. The Bank of Canada will use the CanDeal DNA Reference Pricing for operational activities, market analysis, research, policy development, and risk management. CanDeal DNA has also agreed to the publication of Government of Canada benchmark bond yields on the Bank of Canada website.

"The Bank of Canada has entered into an arrangement to obtain comprehensive Canadian dollar-denominated fixed income securities pricing data from CanDeal DNA. This data will support the Bank's monetary policy, financial system and funds management functions. Notably, it will be used in connection with the Canadian Collateral Management Service (CCMS). The Bank's use of the CCMS tri-party service will improve the efficiency and scalability of its collateral management and liquidity provision operations, particularly during periods of severe market-wide stress," said Phillipe Muller, Senior Director of the Bank of Canada's Markets and Banking Department.

"We are delighted that the Bank of Canada will be using our full universe of CanDeal DNA pricing in their work. The Bank's decision marks an important partnership and milestone for our business and Canada. This is further evidence that our ongoing engagement with the industry to address the domestic market needs and participate in industry initiatives is helping to reinforce increased confidence in Canadian capital markets," said Andre Craig, President, CanDeal DNA. "We look forward to continuing our collaboration with the Bank of Canada and contributing to initiatives that strengthen the efficiency, resilience, and transparency of Canada's financial markets."

ABOUT CANDEAL GROUP

CanDeal Group was founded in Toronto, Canada, in 2001 and is a leading Canadian provider of electronic marketplace and data services for Canadian dollar debt securities and derivatives. CanDeal Markets division provides access to a deep pool of liquidity for Canadian government, agency, provincial and corporate bonds, as well as money market instruments and interest rate swaps. CanDeal DNA delivers comprehensive and accurate dealer-sourced OTC content for pricing, analytics and reference data to industry market participants, vendor channels and solution providers. CanDeal Benchmark Solutions is an independent business unit that administers Term CORRA, Canada's benchmark interest rate. CanDeal Solutions delivers mutualized services for the Canadian market.

CanDeal's stakeholders include BMO Nesbitt Burns, CIBC World Markets, National Bank Financial, RBC Capital Markets, Scotia Capital, TD Securities, and TSX. Visit https://candeal.com.

View original content:https://www.prnewswire.com/news-releases/bank-of-canada-selects-the-candeal-data--analytics-dna-reference-pricing-service-as-its-pricing-source-for-canadian-fixed-income-securities-302877999.html

SOURCE CanDeal

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center