Between 17 and 20 March 2023, the migration to the Eurosystem’s real-time gross settlement (RTGS) successfully took place (see our previous article on the subject here). Settling payments for monetary policy operations, bank‑to‑bank and commercial transactions, the first day of the T2 wholesale payment system settled approximately 400,000 transactions.
The Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities. SOFR is the overnight interest rate for US dollar-denomina
13/06/2023 - Canadian Securities Administrators (CSA) SEDAR+ go-live date. All issuer filings, cease trade orders and disciplined list entries will be filed in SEDAR+ 16/06/2023 - OSFI consultation pe
On May 11, the Bank for International Settlements (BIS) published a Handbook on how central bank digital currencies (CBDCs) could work for offline payments, defined as a “transfer of value between dev