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
| 2026-04-08 | 2026-04-09 | 2026-04-10 | 2026-04-13 | 2026-04-14 | 2026-04-15 | |
|---|---|---|---|---|---|---|
| Target (Available) | ||||||
| Actual | 67,580 | 64,713 | 64,102 | 64,186 | 63,689 | |
| 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 | 4,500.0 | 0.0 | 0.0 | 0.0 | |
| Securities Lending | 2,226.0 | 2,369.0 | 2,459.0 | 2,795.0 | 2,493.0 | |