{
    "terms": {
        "url": "https://www.bankofcanada.ca/terms/"
    },
    "seriesDetail": {
        "V39079": {
            "label": "Target for the overnight rate (business daily)",
            "description": "Also called the policy interest rate, the average rate that the Bank of Canada wants to see in the market for overnight money market financing. (V39079)",
            "dimension": {
                "key": "d",
                "name": "Date"
            },
            "dateFormat": "daily",
            "metadata": {
                "unit": "Percent",
                "frequency": "Business daily"
            }
        },
        "V80691311": {
            "label": "Prime rate",
            "description": "Also called the prime lending rate, the interest rate that a financial institution uses as a base to determine interest rates for loan products. Each financial institution sets its own prime rate, as a function of its cost of funding, which, in turn, is influenced by the target for the overnight rate set by the Bank of Canada.",
            "dimension": {
                "key": "d",
                "name": "Date"
            },
            "dateFormat": "weekly",
            "metadata": {
                "unit": "Percent",
                "frequency": "Weekly"
            }
        }
    },
    "observations": [
        {
            "d": "2026-10-14",
            "V80691311": {
                "v": "4.45"
            }
        },
        {
            "d": "2026-10-07",
            "V80691311": {
                "v": "4.45"
            }
        },
        {
            "d": "2026-10-19",
            "V39079": {
                "v": "2.25"
            }
        },
        {
            "d": "2026-10-16",
            "V39079": {
                "v": "2.25"
            }
        }
    ]
}