HISA ETFs now subject to stricter liquidity rules | Advisor.ca

Oct 31, 2023  · Even under the new liquidity rules, TD Securities said HISA ETFs maintain certain advantages over competing products while interest rates are high. Most banks offer less than …


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OSFI Liquidity Rules Are Now In Effect, Impacting HISA ETFs

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Feb 14, 2024  · As a result of these new rules, banks now must classify deposits from HISA ETFs as unsecured wholesale funding with 100% run-off; this stricter classification means lower …

theglobeandmail.com

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OSFI Upholds 100% Liquidity Requirement For HISA ETFs To …

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Oct 31, 2023  · The Office of the Superintendent of Financial Institutions (OSFI) remains committed to core liquidity adequacy principles, which promote the prudential stability of, and …

osfi-bsif.gc.ca

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HISA ETFs Might Not Be Dead Yet - Wealth Professional

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Nov 1, 2023  · The Office of the Superintendent of Financial Institutions (OSFI) announced yesterday they would be upholding a 100% liquidity requirement for high interest savings …

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HISA ETFs Might Not Be Dead Yet - Burkett Insights

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Nov 16, 2023  · The Office of the Superintendent of Financial Institutions (OSFI) announced yesterday they would be upholding a 100% liquidity requirement for high interest savings …

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HISA ETFs - New Liquidity Rules From OSFI | General Financial ...

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Savers Roundup November 2024: Rate leader musical chairs; investment brokerage competition; up to 7% back on groceries - Nov 14, 2024; Savers Roundup October 2024: PC Financial is …

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CBIL Distribution Is Now $0.21, CASH Is $0.195 - Reddit

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You have to look at the yield going forward, not the yield that was paid in the past. Regulatory changes have reduced the yield on CASH and similar HISA products going forward. Put more …

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FAQs about HISA ETFs now subject to stricter liquidity rules | Advisor.ca Coupon?

Are Hisa ETFs a good investment under new liquidity rules?

Even under the new liquidity rules, TD Securities said HISA ETFs maintain certain advantages over competing products while interest rates are high. Most banks offer less than 3% on high-interest savings accounts, the report said, while investors sacrifice liquidity when they buy GICs. ...

Are Hisa ETFs unsecured?

As a result of these new rules, banks now must classify deposits from HISA ETFs as unsecured wholesale funding with 100% run-off; this stricter classification means lower rates for deposits from the funds. ...

Is there a liquidity requirement for high interest savings account (Hisa) ETFs?

The Office of the Superintendent of Financial Institutions (OSFI) announced yesterday they would be upholding a 100% liquidity requirement for high interest savings account (HISA) ETFs. ...

When will Hisa ETFs be reclassified?

The regulator said the earliest implementation date if new categories are needed would be in 2024. In the meantime, OSFI said wholesale funding from financial institutions must classify deposits from HISA ETFs as if they will fully “run off.” That could mean some banks reclassifying deposits from HISA ETFs, providers of the products said. ...

What are the new Hisa ETF rules?

According to these new rules, banks that hold deposits for high-interest savings account funds will have to hold “sufficient high-quality liquid assets, such as government bonds, to support all HISA ETF balances that can be withdrawn within 30 days”. ...

Is OSFI ensuring the 'viability' of Hisa ETFs?

Horizons’ view is that the OSFI ruling has ensured the “viability” of HISA ETFs by clarifying the liquidity regime under which they can exist in the long-term. By ensuring the banks maintain a 100% liquidity rate, Horizons believes that OSFI has made the HISA ETF category safer. ...

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