Bank of Canada Buys C$65 Million of Securities for One Day

Oct. 31 (Bloomberg) -- The Bank of Canada bought C$65 million ($65 million) of securities for one day.

The central bank announced the purchase, aimed to keep overnight lending rates close to its current target of 1 percent, on its website today from Ottawa.

To contact the reporter on this story: Andrew Mayeda in Ottawa at

To contact the editor responsible for this story: Chris Wellisz at