The volumes and open interest in such contracts is limited by the total outstanding of the respective bonds. In the recent times, the volumes have picked up significantly. The average daily volume rose from Rs.13.97 billion post-launch of single bond futures in January 2014 to about Rs.25.50 billion in January 2015 so far.
Experience has shown that the best way monetary policy can achieve this goal is by maintaining a low and stable inflation environment. Doing so supports a strong and inclusive labour market that provides every Canadian with opportunities for a good quality of life. Currently, the reopening of the global economy is associated with elevated inflation in Canada and abroad.