A table of indicators related to the implementation of monetary policy that includes the operating band, settlement balances and other Bank of Canada operations.
Monetary Policy Implementation
| 2024-12-12 | 2025-01-30 | 2025-03-13 | 2025-09-18 | 2025-10-30 | |
|---|---|---|---|---|---|
| Bank Rate | 3.50 | 3.25 | 3.00 | 2.75 | 2.50 |
| Operating Band/Low | 3.25 | 2.95 | 2.70 | 2.45 | 2.20 |
| Operating Band/High | 3.50 | 3.25 | 3.00 | 2.75 | 2.50 |
| Target Rate | 3.25 | 3.00 | 2.75 | 2.50 | 2.25 |
Lynx Settlement Balances
| 2026-06-02 | 2026-06-03 | 2026-06-04 | 2026-06-05 | 2026-06-08 | 2026-06-09 | |
|---|---|---|---|---|---|---|
| Target (Available) | ||||||
| Actual | 64,367 | 64,251 | 58,037 R | 61,144 | 61,266 | |
| Daily Target Rate Intervention (Settlement Date Effect) | ||||||
| Overnight Repos (OR) ($M) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Overnight Reverse Repos (ORR) ($M) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Other Bank of Canada Operations (Settlement Date Effect) | ||||||
| Term Repos | 0.0 | 0.0 | 12,000.0 | 0.0 | 0.0 | |
| Securities Lending | 2,462.0 | 3,522.0 | 2,493.0 | 2,473.0 | 2,823.0 | |