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Canadian Interest Rates and Monetary Policy Variables: 10-Year Lookup

Notice

The Bank of Canada, on behalf of the Canadian Alternative Reference Rate Working Group (CARR), has published a consultation on proposed enhancements to the Canadian Overnight Repo Rate Average (CORRA) risk-free interest-rate benchmark. (Read full notice).

Notice

As of January 2019, the Bank of Canada will no longer publish the daily, weekly or monthly prime commercial paper (CP) or bankers’ acceptance (BA) rates.

The Investment Industry Regulatory Organization of Canada (IIROC) will start publishing for informational purposes only the 1- and 3-month transaction based BA rates on the same date. (Read full notice).

Specific Date or Range

Date Format: yyyy-mm-dd

Latest for daily series.
Latest for weekly series.
Latest for monthly series.
Search Criteria
Monetary Policy and LVTS Statistics Daily Weekly Monthly
Target for the overnight rate
Overnight money market financing rate
Bank rate
Overnight repo rate (CORRA)
Operating band Low
High
Overnight Repos (OR)1
Overnight Reverse Repos (ORR)1
LVTS settlement balances Target
Actual
Other Bank of Canada Operations Daily Weekly Monthly
Term Purchase and Resale agreements
Securities lending operations
Chartered Bank Interest Rates Daily Weekly Monthly
Prime rate
Conventional mortgage 1-year
3-year
5-year
Guaranteed investment certificates 1-year
3-year
5-year
5-year personal fixed term
Daily Interest Savings (balances over $100,000)
Non-Chequable Savings Deposits
Other Interest Rates Daily Weekly Monthly
Bankers' Acceptances2 1 month
3 month
Prime corporate paper rate2 1 month
2 month
3 month
Weekly effective household interest rate3
Weekly effective business interest rate4
Estimated variable mortgage rate

  1. As of 1 October 2015, Overnight Repos and Overnight Reverse Repos, formerly called Special Purchase and Resale Agreements and Sale and Repurchase Agreements, are transacted on a cash-value basis. [←]
  2. As of January 2019, the Bank of Canada will no longer publish the daily, weekly or monthly prime commercial paper (CP) or bankers’ acceptance (BA) rates.
    The Investment Industry Regulatory Organization of Canada (IIROC) will start publishing for informational purposes only the 1- and 3-month transaction based BA rates on the same date. (Read full notice). [←]
  3. The effective interest rate for households is a weighted-average of various mortgage and consumer credit interest rates. The weights are derived from residential mortgage and consumer credit data, adjusted for additional information provided by financial institutions [←]
  4. The effective interest rate for businesses is a weighted-average borrowing rate for new lending to non-financial businesses, estimated as a function of bank and market interest rates. The weights are derived from business credit data. [←]

Notes:

  • Series frequency:
    • Daily series show values for each business day.
    • Weekly series values are as at Wednesday.
    • Monthly series show values for the last Wednesday of each month.
  • Where applicable, each series shows its CANSIM 'V' identifier.
  • For rates prior to the past ten years, please refer to CANSIM at Statistics Canada.

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