CONVEX
Sign in
Yield Curve & Ratesdaily

Canada Overnight Rate Target

Bank of Canada Target for the Overnight Rate, the primary policy rate set by the BoC Governing Council (Valet series V39079).

ByConvex Research Desk·Edited byBen Bleierⓘ·

The Canada Overnight Rate Target is currently 2.25%, last updated .

2.25%
1W +0.00%1M +0.00%3M +0.00%
Updated 14d ago
All formats →

Interest rates set the price of money and ripple through every asset class. An inverted yield curve has preceded every U.S. recession since the 1960s, making this the single most-watched corner of fixed income. Monitoring rate differentials, real yields, and forward expectations helps traders anticipate risk-on or risk-off regime shifts.

Updated 14d ago

Recent Data

Download CSV
DateValueChange
Apr 16, 20262.25%+0.00%
Apr 15, 20262.25%+0.00%
Apr 14, 20262.25%+0.00%
Apr 13, 20262.25%+0.00%
Apr 10, 20262.25%+0.00%
Apr 9, 20262.25%+0.00%
Apr 8, 20262.25%+0.00%
Apr 7, 20262.25%+0.00%
Apr 6, 20262.25%+0.00%
Apr 3, 20262.25%+0.00%
Apr 2, 20262.25%+0.00%
Apr 1, 20262.25%+0.00%
Mar 31, 20262.25%+0.00%
Mar 30, 20262.25%+0.00%
Mar 27, 20262.25%+0.00%
Mar 26, 20262.25%+0.00%
Mar 25, 20262.25%+0.00%
Mar 24, 20262.25%+0.00%
Mar 23, 20262.25%+0.00%
Mar 20, 20262.25%+0.00%
Mar 19, 20262.25%+0.00%
Mar 18, 20262.25%+0.00%
Mar 17, 20262.25%+0.00%
Mar 16, 20262.25%—

Related in Yield Curve & Rates

3-Month Treasury Yield
Yield on 3-month US Treasury bill, the shortest benchmark maturity on the curve.
1Y Treasury Yield
Yield on 1-year US Treasury constant maturity securities.
2Y Treasury Yield
Yield on 2-year US Treasury, key Fed expectations proxy.
5Y Treasury Yield
Yield on 5-year US Treasury constant maturity securities.

Explore Further

Forecast 2026
Canada Overnight Rate Target Outlook
Scenario-weighted forecast using scenario weighted approach.
Comparison
Fed Funds vs Bank of Canada Overnight Rate
The Federal Funds target range sits at 3.50 to 3.75 percent following the April 29, 2026 FOMC hold, while the Bank of Ca...
Category
All Rates & Yield Curve Data
Live Treasury yields, term spreads, and interest rate data. Track the yield curve, Fed Funds rate, and real rates that d...

Frequently Asked Questions

▶What is Canada Overnight Rate Target?
Bank of Canada Target for the Overnight Rate, the primary policy rate set by the BoC Governing Council (Valet series V39079).
▶How does Canada Overnight Rate Target relate to yield curve & rates?
Canada Overnight Rate Target is part of the Yield Curve & Rates category. Interest rates set the price of money and ripple through every asset class. An inverted yield curve has preceded every U.S. recession since the 1960s, making this the single most-watched corner of fixed income. Monitoring rate differentials, real yields, and forward expectations helps traders anticipate risk-on or risk-off regime shifts.
▶How often is Canada Overnight Rate Target updated?
Canada Overnight Rate Target is updated once per day after market close. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source Canada Overnight Rate Target data?
Convex sources Canada Overnight Rate Target data from official government and market data providers. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the Canada Overnight Rate Target chart page?
The Canada Overnight Rate Target page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
ShareXRedditLinkedInHN

Get daily macro analysis covering Canada Overnight Rate Target and related indicators delivered to your inbox.

Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated daily. This page is for informational purposes only and does not constitute financial advice.