No, securities can go out to ten and a half years, but given the nature of the securities we purchase, a ten-and-a-half-year U.S. treasury, bund, OAT, or U.K. gilt would be extremely liquid.
On May 8th, 2018. See this statement in context.
On May 8th, 2018. See this statement in context.
Managing Director, Funds Management and Banking Department, Bank of Canada
No, securities can go out to ten and a half years, but given the nature of the securities we purchase, a ten-and-a-half-year U.S. treasury, bund, OAT, or U.K. gilt would be extremely liquid.
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