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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
Sep 16, 2019 1.50 1.50 -- 
Sep 13, 2019 1.50 1.50 -- 
Sep 12, 2019 1.50 1.50 -- 
Sep 11, 2019 1.50 1.50 -- 
Sep 10, 2019 1.50 1.50 -- 
Sep 9, 2019 1.50 1.50 -- 
Sep 6, 2019 1.50 1.50 -- 
Sep 5, 2019 1.50 1.50 -- 
Sep 4, 2019 1.50 1.50 -- 
Sep 3, 2019 1.50 1.50 -- 
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