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
| 2024-09-05 | 2024-10-24 | 2024-12-12 | 2025-01-30 | 2025-03-13 | |
|---|---|---|---|---|---|
| Bank Rate | 4.50 | 4.00 | 3.50 | 3.25 | 3.00 |
| Operating Band/Low | 4.25 | 3.75 | 3.25 | 2.95 | 2.70 |
| Operating Band/High | 4.50 | 4.00 | 3.50 | 3.25 | 3.00 |
| Target Rate | 4.25 | 3.75 | 3.25 | 3.00 | 2.75 |
Lynx Settlement Balances
| 2025-08-28 | 2025-08-29 | 2025-09-01 | 2025-09-02 | 2025-09-03 | 2025-09-04 | |
|---|---|---|---|---|---|---|
| Target (Available) | ||||||
| Actual | 85,326 | 68,138 | 80,421 | 70,707 | ||
| Daily Target Rate Intervention (Settlement Date Effect) | ||||||
| Overnight Repos (OR) ($M) | 0.0 | 0.0 | 12,000.0 | 0.0 | ||
| Overnight Reverse Repos (ORR) ($M) | 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 | ||
| Securities Lending | 272.0 | 647.0 | 406.0 | 849.0 | ||