Bank of Canada Boosts Repo Use to Ease Corra Strain
The central bank is increasing two-week repo operations to reduce upward pressure on the Canadian Overnight Repo Rate Average.
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The story so far
1 publisher has covered this in 1 article since 29 Sept 2026. Bloomberg Markets published first, on 29 September at 17:26 UTC.
2 prediction markets price this story:
- Bank of Canada — the market puts it at 81%, closing 1 Jan 2027. The outcome is Yes if the Bank of Canada raises its overnight rate target and this action is confirmed by the relevant source agency before January 1, 2027. The outcome is No if this specific confirmation does not occur within that timeframe. Readers often mistake any general discussion of interest rates for an actual rate hike or ignore the requirement for official confirmation.
- Exactly 2.50% — the market puts it at 46%, with $61 traded in the last 24 hours, closing 1 Jan 2027. The market resolves to Yes if the Bank of Canada's overnight rate target is exactly 2.50% on December 31, 2026. Otherwise, it resolves to No. Readers often mistake the date of the linked news story for the resolution deadline.
Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.
Markets on this story
- Kalshi Bank of Canada 81%
Does the market have this right?
Wrong market?
- Kalshi Exactly 2.50% 46% −2
Does the market have this right?
Wrong market?
Each tick is a source publishing on this story
Price data
| Time | Chance of yes |
|---|---|
| now | 81% |
| 30 Sept, 13:57 UTC | 81% |
| 29 Sept, 16:31 UTC | 82% |
| 28 Sept, 15:39 UTC | 87% |
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Sources
Every article we clustered into this story. Headlines link to the publisher.
In this story
- Bank of Canada
- Toni Gravelle
- Corra