Canada to conduct C$1 bln term operation

TORONTO, March 12 | Fri Mar 12, 2010 3:07pm EST

TORONTO, March 12 (Reuters) - The Bank of Canada said on Friday it will hold an C$1 billion ($980 million) 85-day term purchase and resale agreement (PRA) on March 15.

The PRA matures on June 10, the central bank said in a statement published on its website.

($1=$1.02 Canadian) (Reporting by Ka Yan Ng; editing by Rob Wilson)

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