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
| 2025-07-09 | 2025-07-10 | 2025-07-11 | 2025-07-14 | 2025-07-15 | 2025-07-16 | |
|---|---|---|---|---|---|---|
| Target (Available) | ||||||
| Actual | 77,128 | 69,377 R | 62,280 | 68,560 | 71,592 | |
| Daily Target Rate Intervention (Settlement Date Effect) | ||||||
| Overnight Repos (OR) ($M) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Overnight Reverse Repos (ORR) ($M) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Bank of Canada Operations (Settlement Date Effect) | ||||||
| Term Repos | 0.0 | 3,000.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Securities Lending | 1,203.0 | 1,417.0 | 1,306.0 | 1,089.0 | 1,007.0 | 1,207.0 |