TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

That part of the capital market in which short-term financial obligations are bought and sold. These include treasury bills and other federal government securities maturing in three years or less and commercial paper, bankers’ acceptances, trust company guaranteed investment certificates and other instruments with a year or less left to maturity.  3, record 1, English, - money%20market

Record number: 1, Textual support number: 1 OBS

These [short-term financial obligations] include treasury bills and other federal government securities maturing in three years or less and commercial paper, bankers’ acceptances, trust company guaranteed investment certificates and other instruments with a year or less left to maturity.  3, record 1, English, - money%20market

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Marché de capitaux sur lequel sont échangés les titres de créances négociables à court terme, notamment les bons du Trésor, les billets de trésorerie, les acceptations bancaires et les certificats de dépôt.  3, record 1, French, - march%C3%A9%20mon%C3%A9taire

Record 1,  Textual support,  Spanish

Record number: 1, Textual support number: 1 DEF

Mercado que incluye todas las formas de crédito e inversiones a corto plazo, tales como los descuentos de documentos comerciales, los pagarés a corto plazo, los descuentos de certificados de depósito negociables, reportes, depósitos a la vista, pagarés y aceptaciones bancarias. En general los instrumentos del mercado de dinero se caracterizan por un alto grado de seguridad en cuanto a recuperación del principal, ya que son altamente negociables y tienen un bajo nivel de riesgo.  4, record 1, Spanish, - mercado%20de%20dinero

Record number: 1, Textual support number: 1 OBS

Los certificados de depósito, las aceptaciones y el papel comercial negociable son el tipo de instrumentos que normalmente se manejan en el mercado monetario.  5, record 1, Spanish, - mercado%20de%20dinero

Record number: 1, Textual support number: 2 OBS

mercado de dinero: término extraído del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  6, record 1, Spanish, - mercado%20de%20dinero

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

Government of Canada direct and guaranteed securities held by the bank are purchased in the open market from investment dealers and chartered banks, or directly from the Receiver General for Canada.  2, record 2, English, - guaranteed%20security

Record 2,  Textual support,  French

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

Maintaining a well-functioning government securities market.  2, record 3, English, - government%20securities%20market

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 CONT

Maintien du bon fonctionnement du marché des titres du gouvernement.  1, record 3, French, - march%C3%A9%20des%20titres%20du%20gouvernement

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

For the purposes of its open-market operations, the Bank of Canada is empowered to buy and sell in the open market from or to any person, either in or outside of Canada, securities, cable transfers, bankers’ acceptances, and bills of exchange of the kinds and maturities that are defined as eligible for rediscount, with or without the endorsement of a chartered bank. In practice, open-market dealings are confined to Canadian investment dealers and financial institutions, and are transacted almost exclusively in Canadian government securities.  2, record 4, English, - open%20market

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 DEF

[...] marché monétaire animé par la banque centrale qui fournit à l'ensemble des banques les liquidités dont elles ont besoin, en échange des effets acceptables par elle.  3, record 4, French, - march%C3%A9%20libre

Record number: 4, Textual support number: 1 OBS

Le terme «open market» est un anglicisme couramment employé.  4, record 4, French, - march%C3%A9%20libre

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 DEF

The segment of the repo market that is composed of non-specific government securities used as collateral.  1, record 5, English, - general%20collateral%20repo%20market

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 DEF

Marché des opérations de pension qui portent sur les titres d'État ne faisant l'objet d'aucune préférence particulière aux fins de nantissement.  1, record 5, French, - march%C3%A9%20g%C3%A9n%C3%A9ral%20des%20pensions

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 CONT

The Bank [of Canada] will use the rate on overnight general collateral(overnight loans that are secured by nonspecific government securities, referred to as the GC [Government of Canada] overnight rate) as its guide to conditions in the overnight market...  1, record 6, English, - rate%20on%20overnight%20general%20collateral

Record 6,  Textual support,  French

Record number: 6, Textual support number: 1 CONT

La Banque [du Canada] se fondera sur le taux général des pensions à unjour (soit le taux des prêts à un jour garantis par des titres du gouvernement du Canada qui ne font l'objet d'aucune préférence particulière aux fins de nantissement) pour évaluer les conditions du marché des fonds à un jour.  1, record 6, French, - taux%20g%C3%A9n%C3%A9ral%20des%20pensions%20%C3%A0%20un%20jour

Record 6,  Textual support,  Spanish

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 DEF

... an account opened by the administrator in favour of the participant in the portfolio ...  2, record 7, English, - investment%20portfolio%20account

Record number: 7, Textual support number: 1 CONT

... "controlled assets" means assets whose value could be directly or indirectly affected by government decisions or policy including, but not limited to, the following :(a) publicly traded securities of corporations and foreign governments, whether held individually or in an investment portfolio account such as, but not limited to, stocks, bonds, stock market indices, trust units, closed-end mutual funds, commercial papers and medium-term notes...  3, record 7, English, - investment%20portfolio%20account

Record 7,  Textual support,  French

Record number: 7, Textual support number: 1 OBS

Un compte de portefeuille de fonds nécessite un investissement minimal de 1 000 000 $ (ou des frais de gestion de placements minimum de 10 000 $ pour des sommes plus petites), qui peut être réparti entre un grand nombre de fonds ou de comptes.  2, record 7, French, - compte%20de%20portefeuille

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 OBS

June 2006. The Crawford Panel on a Single Canadian Securities Regulator today released its final report titled "A Blueprint for a Canadian Securities Commission". The final report incorporates input received from consultations earlier this year with market participants, regulators and government representatives. The report recommends a practical structural solution that addresses the weaknesses inherent in the current multi-jurisdictional system of securities regulation in Canada. Also known as : Crawford Report.  1, record 8, English, - A%20Blueprint%20for%20a%20Canadian%20Securities%20Commission

Record 8,  Textual support,  French

Record number: 8, Textual support number: 1 OBS

Juin 2006. Le groupe Crawford, dont le mandat porte sur un organisme unique de réglementation des valeurs mobilières au Canada, publie aujourd hui son document définitif intitulé «Ébauche d'une Commission canadienne des valeurs mobilières». Ce document définitif intègre les observations exprimées dans le cadre de consultations tenues plus tôt cette année auprès des participants des marchés des capitaux, des organismes de réglementation et de représentants des gouvernements, et il recommande une solution structurelle pratique qui répondra aux faiblesses inhérentes au système actuel du régime plurigouvernemental de réglementation des valeurs mobilières au Canada. Aussi connu sous : le rapport Crawford.  1, record 8, French, - %C3%89bauche%20d%27une%20Commission%20canadienne%20des%20valeurs%20mobili%C3%A8res

Record 8,  Textual support,  Spanish

Record 9,  Textual support,  English

Record number: 9, Textual support number: 1 CONT

Debt instruments issued by private organizations, governments, and government agencies, generally with maturities of one year or less. Such instruments are highly liquid investments, and include Treasury bills, bankers’ acceptances, commercial paper and short-term tax-exempt municipal securities, and negotiable bank CDs. Money market instruments are actively traded in the money center financial markets in New York, London, and Tokyo. Futures contracts on U. S. Treasury bills and certain other money market instruments are traded in the financial futures markets.  3, record 9, English, - money%20market%20instruments

Record 9,  Textual support,  French

Record 9,  Textual support,  Spanish

Record number: 9, Textual support number: 1 OBS

[Incluyen] cheques, letras y certificados de depósito.  1, record 9, Spanish, - instrumentos%20del%20mercado%20monetario

Record 10,  Textual support,  English

Record number: 10, Textual support number: 1 DEF

Lending of securities which the IBRD [International Bank for Reconstruction and Development] owns(typically a U. S. Government obligation) against receipt of cash or similar securities as collateral in amounts equal to or higher than the market value of the security lent.  2, record 10, English, - security%20lending

Record 10,  Textual support,  French

Record 10,  Textual support,  Spanish

Record 11,  Textual support,  English

Record number: 11, Textual support number: 1 OBS

Policy committee in the Federal Reserve System that sets short-term monetary policy objectives for the Fed.  4, record 11, English, - Open%20Market%20Committee

Record number: 11, Textual support number: 2 OBS

At frequent intervals,... the Open Market Committee is meeting to decide whether to pump more Reserves into the banking system by buying Treasury bills(i. e., short-term bonds) or longer bonds; or whether to tighten things up a little by selling government securities.  5, record 11, English, - Open%20Market%20Committee

Record 11,  Textual support,  French

Record number: 11, Textual support number: 1 OBS

Comité fédéral d'open market du Système fédéral de réserve des États-Unis.  4, record 11, French, - Open%20Market%20Committee

Record 11,  Textual support,  Spanish

Record 12,  Textual support,  English

Record number: 12, Textual support number: 1 DEF

An entity (i.e., an investment dealer or bank) that is authorized to bid at Government of Canada auctions and through which the government distributes Government of Canada treasury bills and marketable bonds.  1, record 12, English, - government%20securities%20distributor

Record number: 12, Textual support number: 1 OBS

The term "government securities distributor" replaces "primary distributor" since the adoption of the Revised rules pertaining to auctions of Government of Canada securities and the Bank of Canada’s surveillance of the auction process on 11 August 1998.  1, record 12, English, - government%20securities%20distributor

Record number: 12, Textual support number: 2 OBS

See also "Recent Initiatives in the Canadian Market for Government of Canada Securities" in the Summer 1999 Bank of Canada Review and the list of government securities distributors published in every edition of the Bank of Canada Review.  1, record 12, English, - government%20securities%20distributor

Record 12,  Textual support,  French

Record number: 12, Textual support number: 1 DEF

Entité (c.-à-d. un courtier en valeurs mobilières ou une banque) qui est habilitée à présenter des soumissions aux adjudications de titres du gouvernement canadien et qui assure ainsi la distribution des bons du Trésor et des obligations négociables du gouvernement canadien.  1, record 12, French, - distributeur%20des%20titres%20d%27%C3%89tat

Record number: 12, Textual support number: 1 OBS

La désignation «distributeur de titres d'État» a remplacé celle de «distributeur initial» depuis l'établissement, le 11 août 1998, des Nouvelles règles régissant les adjudications de titres du gouvernement canadien et la surveillance de celles-ci par la Banque du Canada.  1, record 12, French, - distributeur%20des%20titres%20d%27%C3%89tat

Record number: 12, Textual support number: 2 OBS

Voir aussi l'article «Les initiatives entreprises sur le marché canadien des titres du gouvernement du Canada» paru dans la livraison de l'été 1999 de la Revue de la Banque du Canada ainsi que la liste des distributeurs des titres d'État publiée dans chaque livraison de la Revue de la Banque du Canada.  1, record 12, French, - distributeur%20des%20titres%20d%27%C3%89tat

Record 12,  Textual support,  Spanish

Record 13,  Textual support,  English

Record number: 13, Textual support number: 1 CONT

In this context, the debt strategy priority in 1999-2000 will be the maintenance of a well-functioning Government of Canada securities market, which provides low-cost financing for the government. Key initiatives in this regard include consultations on the possible restructuring of the Treasury bill program and the continuation of the pilot bond buyback program into 1999-2000.  1, record 13, English, - Treasury%20bill%20program

Record 13,  Textual support,  French

Record number: 13, Textual support number: 1 CONT

Dans ce contexte, la stratégie de gestion de la dette en 1999-2000 privilégiera le maintien d'un marché sain pour les titres du gouvernement du Canada, qui est une source de financement peu coûteuse pour l'Éta. Au nombre des principales initiatives à cet égard, citons la tenue de consultations sur la restructuration possible du programme des bons du Trésor et la poursuite du programme pilote de rachat des obligations jusqu'en 1999-2000.  1, record 13, French, - programme%20des%20bons%20du%20Tr%C3%A9sor

Record 13,  Textual support,  Spanish

Record 14,  Textual support,  English

Record number: 14, Textual support number: 1 CONT

Debt Management Environment, outlining the fiscal outlook over the next two years, and the impact on the debt structure and Government of Canada securities market.  1, record 14, English, - debt%20management%20environment

Record 14,  Textual support,  French

Record number: 14, Textual support number: 1 CONT

Contexte de gestion de la dette : décrit les perspectives financières au cours des deux prochains exercices et l'effet sur la structure de la dette et le marché des titres du gouvernement du Canada.  1, record 14, French, - contexte%20de%20gestion%20de%20la%20dette

Record 14,  Textual support,  Spanish

Record 15,  Textual support,  English

Record number: 15, Textual support number: 1 DEF

A financial institution’s asset funds invested in short term convertible effects (treasury bonds, promissory notes, etc.). In addition to cash ratios, used to guarantee liquidity.  2, record 15, English, - secondary%20reserve

Record number: 15, Textual support number: 1 CONT

Even if the bank is not a declining business, prudent managers must still protect themselves against a temporary surge of withdrawals.... They will usually decide, therefore, to hold in their portfolios as "secondary reserves" some "liquid" securities that always have a ready market and can be easily sold without much loss before maturity. Short-term government bonds serve this purpose admirably.  3, record 15, English, - secondary%20reserve

Record number: 15, Textual support number: 1 OBS

secondary reserve: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.  4, record 15, English, - secondary%20reserve

Record 15,  Textual support,  French

Record number: 15, Textual support number: 1 DEF

Fonds de l'actif d'une institution financière investis dans des substitutifs d'argent, et qui peuvent être convertis en peu de temps en liquidité (bons du Trésor, billets de trésorerie, etc.). Ces fonds, conjointement avec ceux calculés dans le coefficient de caisse, garantissent la liquidité de l'institution.  2, record 15, French, - r%C3%A9serve%20secondaire

Record number: 15, Textual support number: 1 OBS

Réserve requise dans certains cas par la Banque du Canada en plus de la réserve primaire.  3, record 15, French, - r%C3%A9serve%20secondaire

Record number: 15, Textual support number: 2 OBS

Définition extraite du CAPITAL Business Dictionary et reproduite avec l'autorisation de LID Editorial Empresarial.  4, record 15, French, - r%C3%A9serve%20secondaire

Record 15,  Textual support,  Spanish

Record number: 15, Textual support number: 1 DEF

Fondos del activo de una institución financiera invertidos en substitutivos de dinero, y que pueden ser convertidos en poco tiempo en liquidez (pagarés del Tesoro, pagarés de empresa, etc.). Estos fondos, juntamente con los computables en el coeficiente de caja, aseguran la liquidez de la institución.  1, record 15, Spanish, - liquidez%20secundaria

Record number: 15, Textual support number: 1 OBS

liquidez secundaria: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  2, record 15, Spanish, - liquidez%20secundaria

Record 16,  Textual support,  English

Record number: 16, Textual support number: 1 DEF

Not readily convertible into cash.  1, record 16, English, - illiquid

Record number: 16, Textual support number: 1 CONT

There are a large number of different securities that vary widely in both type of paper and tax treatment, which makes the market fragmented and rather illiquid compared with European government bond markets.  2, record 16, English, - illiquid

Record number: 16, Textual support number: 1 OBS

illiquid: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.  3, record 16, English, - illiquid

Record 16,  Textual support,  French

Record number: 16, Textual support number: 1 DEF

Difficile à vendre rapidement à un prix de marché.  3, record 16, French, - illiquide

Record number: 16, Textual support number: 1 CONT

Il existe un grand nombre de titres très divers, tant par leurs caractéristiques que par leur régime fiscal, ce qui contribue à cloisonner le marché américain et à le rendre assez illiquide comparé aux marchés européens des obligations d'État.  1, record 16, French, - illiquide

Record number: 16, Textual support number: 1 OBS

Définition extraite du CAPITAL Business Dictionary et reproduite avec l'autorisation de LID Editorial Empresarial.  4, record 16, French, - illiquide

Record 16,  Textual support,  Spanish

Record number: 16, Textual support number: 1 DEF

Difícil de ser vendido rápidamente a un precio de mercado.  1, record 16, Spanish, - il%C3%ADquido

Record number: 16, Textual support number: 1 OBS

ilíquido: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  2, record 16, Spanish, - il%C3%ADquido

Record 17,  Textual support,  English

Record number: 17, Textual support number: 1 DEF

The total amount the government owes. It consists both of market debt in the form of outstanding securities, such as Treasury bills and Canada Savings Bonds, and of internal debt owed mainly to the superannuation fund for government employees.  1, record 17, English, - gross%20debt

Record 17,  Textual support,  French

Record number: 17, Textual support number: 1 DEF

Montant total dû par l'État. La dette brute se compose à la fois de la dette contractée sur les marchés, représentée par l'encours de titres tels que les bons du Trésor et les obligations d'épargne du Canada, et de la dette interne, contractée principalement envers les comptes de pension des fonctionnaires fédéraux.  1, record 17, French, - dette%20brute

Record 17,  Textual support,  Spanish

Record 18,  Textual support,  English

Record number: 18, Textual support number: 1 DEF

A market for securities exempt from regulation by a securities commission; for instance, in Ontario and most other provinces, a securities firm or any financial institution that engages in transactions on government securities or in deals with a value in excess of $97, 000 is not required to operate under registration.  1, record 18, English, - exempt%2Dsecurities%20market

Record 18,  Textual support,  French

Record number: 18, Textual support number: 1 DEF

Un marché pour les titres qui sont exemptés de la réglementation par une commission des valeurs mobilières. Ainsi, en Ontario et dans la plupart des autres provinces, une maison de courtage en valeurs mobilières ou une institution financière qui négocie des titres gouvernementaux ou effectue une transaction dont la valeur excède 97 000$ est exemptée des règles relatives à l'enregistrement.  1, record 18, French, - march%C3%A9%20des%20valeurs%20exempt%C3%A9es

Record 18,  Textual support,  Spanish