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
| 2026-10-14 | 2026-10-15 | 2026-10-16 | 2026-10-19 | 2026-10-20 | 2026-10-21 | |
|---|---|---|---|---|---|---|
| Target (Available) | ||||||
| Actual | 80,977 | 78,547 | 77,798 | 78,298 | 80,210 | |
| Daily Target Rate Intervention (Settlement Date Effect) | ||||||
| Overnight repos (OR) ($M) | 0.0 | 0.0 | 0.0 | 0.0 | ||
| Overnight reverse repos (ORR) ($M) | 0.0 | 0.0 | 0.0 | 0.0 | ||
| Other Bank of Canada Operations (Settlement Date Effect) | ||||||
| Term repos | 0.0 | 26,990.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Securities lending | 4,433.0 | 4,345.0 | 4,113.0 | 4,207.0 | 4,207.0 | 3,949.0 |