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
| 2024-10-24 | 2024-12-12 | 2025-01-30 | 2025-03-13 | 2025-09-18 | |
|---|---|---|---|---|---|
| Bank Rate | 4.00 | 3.50 | 3.25 | 3.00 | 2.75 |
| Operating Band/Low | 3.75 | 3.25 | 2.95 | 2.70 | 2.45 |
| Operating Band/High | 4.00 | 3.50 | 3.25 | 3.00 | 2.75 |
| Target Rate | 3.75 | 3.25 | 3.00 | 2.75 | 2.50 |
Lynx Settlement Balances
| 2025-10-20 | 2025-10-21 | 2025-10-22 | 2025-10-23 | 2025-10-24 | 2025-10-27 | |
|---|---|---|---|---|---|---|
| Target (Available) | ||||||
| Actual | 79,506 | 81,789 | 81,924 | 80,102 | 78,472 | |
| 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 | 4,000.0 | 0.0 | |
| Securities Lending | 1,319.0 | 1,361.0 | 1,108.0 | 1,052.0 | 777.0 | |