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
| 2024-10-24 | 2024-12-12 | 2025-01-30 | 2025-03-13 | 2025-09-18 | |
|---|---|---|---|---|---|
| Bank Rate | 4.00 | 3.50 | 3.25 | 3.00 | 2.75 |
| Operating Band/Low | 3.75 | 3.25 | 2.95 | 2.70 | 2.45 |
| Operating Band/High | 4.00 | 3.50 | 3.25 | 3.00 | 2.75 |
| Target Rate | 3.75 | 3.25 | 3.00 | 2.75 | 2.50 |
Lynx Settlement Balances
| 2025-10-03 | 2025-10-06 | 2025-10-07 | 2025-10-08 | 2025-10-09 | 2025-10-10 | |
|---|---|---|---|---|---|---|
| Target (Available) | ||||||
| Actual | 76,696 | 75,979 | 78,731 | 78,653 | 76,660 | |
| 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 | 0.0 | 0.0 | 0.0 | |
| Securities Lending | 733.0 | 1,042.0 | 887.0 | 520.0 | 539.0 | |