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Overnight Target Rate

Canadian Overnight Target Rate

The overnight rate is what the Bank of Canada charges when lending money to other financial institutions on an overnight basis. Changes to this rate impact other interest rates including consumer loans.

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 15, 2020 0.25 0.25 -- 
May 14, 2020 0.25 0.25 -- 
May 13, 2020 0.25 0.25 -- 
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