Special Purchase and Resale Agreement

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A practice in which the Bank of Canada buys securities from a bank with the proviso that the bank repurchases the same securities for an agreed-upon price the following day. The Bank of Canada does this to increase the amount of money in circulation (the purchase price for the securities), which reduces overnight interest rates and increases the availability of credit. See also: Open-market operation.

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No references found			The bank operates through Special Purchase and Resale Agreements, or SPRAs, buying securities with the agreement to sell them back the next business day, effectively injecting money into markets. Bank of Canada injects CAD680m into market by Global Banking News (GBN) The bank operates through special purchase and resale agreements, or SPRAs, buying securities with the agreement to sell them back in the next business day, effectively injecting money into markets. Bank of Canada injects CAD580m into market by Global Banking News (GBN) The bank operates through Special Purchase and Resale Agreements, or SPRAs, buying securities with the agreement to sell them back in the next business day, and effectively injecting money into markets. Bank of Canada injects CAD1.6bn by Global Banking News (GBN)			SPDR SPDRs SPE Spear spec spec house special agent special arbitrage account special assessment Special Assessment Bond special assessment district special benefits Special Bid Special Bond Account Special Call Special Cash Account Special Claim on Residual Equity special conditions Special Dividend Special Drawing Rights Special Meeting Special Memorandum Account Special Miscellaneous Account Special Needs Child special offering Special Purchase and Resale Agreement Special Purpose Acquisition Company Special Purpose Enterprise Special Purpose Vehicle Special Situation Special Subscription Account Special Tax Bond special warranty deed special-purpose entity special-purpose fund special-purpose property special-purpose vehicle special-use permit special-use valuation Specialist Specialist Block Purchase and Sale Specialist Market Specialist Short Sale Ratio specialist unit Specialist's Book Specialist's Display Book Specialist's Short-Sale Ratio Specialists' Sentiment Specialists' Short-Sale Ratio Specialty Fund specialty investments			Special Projects Officer, NACO staff Special Projects Other Than Summer Special Projects Promotional Allowance Special Projects Research Administration Special Projects Section Special property Special property Special Property Broadening End Special Prorate Agreement Special prosecutor Special prosecutor Special Protection Area Special Protection Group Special Protection System Special Protective Eyewear, Cylindrical System special protocol special protocol special protocol special protocol Special Protocol Assessment Special Provision Copied Note Special Provision for Kira Special Provision for the Education of Autistic Children special provisions special provisions Special Psychological Rapid Intervention Team Special Public Works Funds Special Public Works Programme Special Publication Special Purchase Allowance Special Purchase and Resale Agreement Special Purchase and Resale Agreements Special Purims Special Purpose Special Purpose Access Special Purpose Acquisition Companies Special purpose acquisition company Special purpose acquisition company Special Purpose Adapter Special Purpose Aircraft Special Purpose Assault Shotgun Special Purpose Asset Vehicle Special Purpose Automatic Shotgun Special Purpose Automatic Test Equipment Special Purpose Bodies Special Purpose Cartridge Special purpose company Special purpose computer Special Purpose Dextrous Manipulator Special Purpose Electronic Support Measures Special Purpose Electronic Test Equipment Special Purpose End Effector special purpose enterprise special purpose enterprise special purpose enterprise Special Purpose Enterprises Special Purpose Entities Special purpose entity Special purpose entity

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