The securities are delivered to the Bank of Canada until .m 15 (Ottawa time) by CDSX on the auction settlement date based on the delivery of securities for payment of funds. The securities to be provided will be confirmed and evaluated by the Bank of Canada after the auction and before delivery. A reverse pension contract, or „reverse pension,“ is the purchase of securities with the agreement to sell them at a higher price at any given time. For the party that sells the guarantee (and agrees to buy it back in the future), it is a buy-back (RP) or repo contract; for the other end of the transaction (purchase of security and consent to the sale in the future), it is a reverse repurchase agreement (RRP) or Reverse Repo. Winners will be notified by phone after the auction is awarded. The Bank of Canada faxes confirmations to each winning bidder, specifying the specific terms of the transaction, including securities. Interest from reverse pension transactions and interest from repurchase transactions are recorded as interest or interest expense. Canadian primary traders (PDs) in Canadian government securities and direct participants in the High Value Transfer System (LVTS). The table below shows the „resale agreements“ (SPRA) component on the Bank of Canada`s balance sheet: the list of accepted values for these transactions includes accepted tradable securities for the Standing Liquidity Facility (SLF), with the exception of securities purchased under resale contracts („reverse pensions“) and securities sold in pension transactions (pensions) , are considered guaranteed financing and are valued at fair value at first and are recognized at fair value in the first place.

, regarding the amount of cash paid or received. The party paying the money takes possession of the collateral that serves as collateral for the financing and which have a market value equal to or greater than the amount of the capital borrowed. Securities received under self-payment agreements and securities delivered in repurchase transactions are not recorded or recognized from the balance sheet unless the risks and income of the property are determined or abandoned.