Canada Interest Rate

The rate banks charge each other for overnight loans, closely tracks the Bank of Canada's target rate, but this isn't the BoC's own published rate series directly.

2.25%

−0.02pp vs Jul 2026

Aug 2026 · Monthly data

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Interest Rate

Jan 1975 to Aug 2026

Source: FRED series IRSTCI01CAM156N · interbank overnight rate, monthly.

Data refreshed 2026-09-22. Figures are the latest published observations and can be revised.

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