Bank of Canada term PRA avg yield 0.393 pct

TORONTO | Mon Oct 19, 2009 10:34am EDT

TORONTO Oct 19 (Reuters) - The Bank of Canada said on Monday the average yield of its term purchase and resale agreement (PRA) transaction was 0.393 percent.

The PRA, due July 21, 2010, had a high yield of 0.400 percent and a low yield of 0.390 percent. The par amount transacted was C$1 billion ($961 million).

($1=$1.04 Canadian) (Reporting by Frank Pingue; editing by Peter Galloway)

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