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
| 2024-07-25 | 2024-09-05 | 2024-10-24 | 2024-12-12 | 2025-01-30 | |
|---|---|---|---|---|---|
| Bank Rate | 4.75 | 4.50 | 4.00 | 3.50 | 3.25 |
| Operating Band/Low | 4.50 | 4.25 | 3.75 | 3.25 | 2.95 |
| Operating Band/High | 4.75 | 4.50 | 4.00 | 3.50 | 3.25 |
| Target Rate | 4.50 | 4.25 | 3.75 | 3.25 | 3.00 |
Lynx Settlement Balances
| 2025-02-12 | 2025-02-13 | 2025-02-14 | 2025-02-17 | 2025-02-18 | 2025-02-19 | |
|---|---|---|---|---|---|---|
| Target (Available) | ||||||
| Actual | 111,724 | 113,242 | 104,805 | 109,972 | 107,609 | |
| 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 | 0.0 | 0.0 | |
| Securities Lending | 3,045.0 | 3,230.0 | 2,734.0 | 1,890.0 | 2,603.0 | |