TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

BAX [2 records]

Record 1 1999-03-17

English

Subject field(s)
  • Financial and Budgetary Management
  • Public Sector Budgeting
CONT

Treasury bill stock has declined from $166 billion at the end of fiscal year 1995-96 to $87 billion in December 1998. However, the impact of this decline on money market liquidity has been mitigated by growth in the bankers' acceptance (BA), commercial paper (CP), forward rate agreements (FRA) markets, and by the existence of a liquid bankers' acceptance futures contract (BAX).

French

Domaine(s)
  • Gestion budgétaire et financière
  • Budget des collectivités publiques
CONT

L'encours des bons du Trésor est passé de 166 milliards de dollars à la fin de 1995-1996 à 87 milliards en décembre 1998. L'effet de cette baisse sur la liquidité du marché monétaire a cependant été atténué par l'essor des marchés des acceptations bancaires, des effets de commerce et des contrats à terme de taux d'intérêt (ou accords de taux futurs), ainsi que par l'existence d'un marché liquide des contrats à terme sur acceptations bancaires (BAX).

Spanish

Save record 1

Record 2 1995-12-06

English

Subject field(s)
  • Financial and Budgetary Management
  • Public Sector Budgeting
DEF

A future with three-month CB acceptances as the underlying instrument.

OBS

The "Canadian" part of the term is often dropped so that you read three-month bankers' acceptance future.

Key term(s)
  • 3-month bankers' acceptance future
  • three-month bankers' acceptance future

French

Domaine(s)
  • Gestion budgétaire et financière
  • Budget des collectivités publiques
DEF

Un contrat à terme (standardisé) dont l'instrument sous-jacent est l'acceptation bancaire canadienne de trois mois.

OBS

Le mot «canadiennes» est parfois omis du terme.

Key term(s)
  • contrat à terme sur acceptations bancaires de 3 mois
  • contrat à terme sur acceptations bancaires de trois mois

Spanish

Save record 2

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