Bank of Canada
Fixed Income

Open Market Operations

Through the usage of government bonds and other securities, the government is able to manage their monetary policy. This is known as open market operations, a commonly used tool by government bodies around the world. […]

Contractionary Policy
Fixed Income

Contractionary Monetary Policy

Through the buying and selling of government bonds and other securities, the government is able to manage their monetary policy. This is known as open market operations, a commonly used tool by government bodies around […]

Spending
Fixed Income

Expansionary Monetary Policy

Through the buying and selling of government bonds and other securities, the government is able to manage their expansionary monetary policy. This is known as open market operations, a commonly used tool by government bodies […]

Pricing Bonds
Fixed Income

Pricing Bonds

When it comes to pricing bonds, let’s first start with the basics. All bonds have an issue date, a maturity date and a stated face value or par value. Bonds are priced in 100s as a […]

Type of Bonds
Fixed Income

6 Types of Bonds

In the world of finance, bonds are loans made to large corporations, cities, and governments. There are thousand types of bonds and these bond issuers owe the holders of the bond a debt obligation. Depending […]

Bond Duration
Fixed Income

Understanding Bond Duration

When you’re reading about bonds, it’s almost impossible to not come across the word “ bond duration”. What does it mean and how does it affect your portfolio? Bond prices and their inverse relationship with interest […]

GIC Ladder
Fixed Income

Constructing a GIC Ladder

Guaranteed Investment Certificates (GICs) are a low risk investment instrument which allow Canadians to save comfortably. Issued by banks or trust companies, they’re considered a safe investment because the initial principal is protected on top […]