Bank of Canada Partners with CanDeal for Fixed Income Pricing

Toronto-based CanDeal Data & Analytics ("DNA") has secured a multi-year agreement with the Bank of Canada. This partnership will provide the bank with comprehensive pricing data for Canadian fixed income securities. The CanDeal DNA Reference Pricing will support the Bank’s operations, including market analysis and policy development.

Phillipe Muller, Senior Director at the Bank of Canada, stated that this data is crucial for the Bank's monetary policies and financial system functions. It will enhance the efficiency of collateral management and liquidity provision, especially during times of market stress.

Andre Craig, President of CanDeal DNA, expressed enthusiasm over the partnership, emphasizing its significance for reinforcing confidence in Canadian capital markets. The agreement is seen as a key milestone for CanDeal and the Canadian financial landscape.