Bank of Canada term PRA avg yield 0.254 pct

TORONTO | Mon Nov 23, 2009 10:35am EST

TORONTO Nov 23 (Reuters) - The Bank of Canada said on Monday the average yield of its term purchase and resale agreement (PRA) transaction was 0.254 percent.

The PRA, due Feb. 18, 2010, had a high yield of 0.270 percent and a low yield of 0.250 percent. The par amount transacted was C$1 billion ($943 million).

($1=$1.06 Canadian) (Reporting by Frank Pingue; editing by Rob Wilson) ((frank.pingue@thomsonreuters.com ; +1 416 941-8094; Reuters Messaging: frank.pingue.reuters.com@reuters.net))

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