Money Things is a place to learn effective solutions to common and difficult financial problems.
What Are Money Things?
Money Things are stocks, bonds, contracts - basically anything that banks and businesses use to loan or borrow cash.
Thursday, August 12, 2010
What are SPRAs?
Special Purchase and Resale Agreements (SPRAs) are used when the bank of canada wants to keep interest rates from going up by lending out cash at a lower rate.
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