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
| 2026-01-19 | 2026-01-20 | 2026-01-21 | 2026-01-22 | 2026-01-23 | 2026-01-26 | |
|---|---|---|---|---|---|---|
| Target (Available) | ||||||
| Actual | 65,079 | 72,079 | 74,895 | 63,330 | 58,218 | |
| 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 | 0.0 | 0.0 | 6,500.0 | 0.0 | |
| Securities Lending | 574.0 | 612.0 | 620.0 | 604.0 | 577.0 | |