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Lower Band

Canadian Lower Band

The lowest rate in the operating band which the Bank pays on deposits is known as the lower band rate. The highest rate is the current overnight lending rate, and the mid-point is the target rate.

Date Value Previous Change
May 26, 2020 0.25 0.25 -- 
May 25, 2020 0.25 0.25 -- 
May 22, 2020 0.25 0.25 -- 
May 21, 2020 0.25 0.25 -- 
May 20, 2020 0.25 0.25 -- 
May 19, 2020 0.25 0.25 -- 
May 18, 2020 0.25 0.25 -- 
May 14, 2020 0.25 0.25 -- 
May 13, 2020 0.25 0.25 -- 
May 12, 2020 0.25 0.25 -- 
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