IIROC Increasing Timeliness of Publishing Bankers’ Acceptance Rates

Type: Administrative Notice> General


Rick Brown
Director, Debt Surveillance

Effective October 18th, 2021 the Investment Industry Regulatory Organization of Canada (IIROC) will begin publishing transaction-based one- and three-month Bankers’ Acceptance (BA) rates with a delayed basis of only 1 day. Previously the rates were published two days following execution.

These rates will continue to be published on the IIROC website on a delayed basis, for informational purposes only.  On Monday October 18th, IIROC will publish rates for October 14th and October 15th.  The rates will be available on the IIROC home page.

IIROC is the pan-Canadian self-regulatory organization that oversees all investment dealers and their trading activity in Canada's debt and equity markets. IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while supporting healthy Canadian capital markets. IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of 174 Canadian investment dealer firms of varying sizes and business models, and their more than 31,000 registered employees. IIROC also sets and enforces market integrity rules regarding trading activity on Canadian debt and equity marketplaces. For more information, visit www.iiroc.ca.