Overnight rate (per cent) - Canada - OECD - Monthly
This series is part of the dataset: OECD interest rates
Download Full Dataset (.xlsx)Latest updates. In Canada, the overnight rate was 2.25 per cent in August 2026, versus 2.27 in the previous month.
Sample. There are 620 observations in the monthly series shown in the figure above. The series covers the time range going from January 1975 to August 2026.
History. Here's a glimpse of some statistics we computed on the whole sample: the interest rate had a mean value of 5.45 per cent; it hit a trough of 0.16 in April 2021; it reached its maximum of 21.81 in August 1981.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | 2.267285 |
| 2026-07-31 | 2.27 |
| 2026-08-31 | 2.25 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Overnight rate |
| Country | Canada |
| Economic concept | Interest rate |
| Data type | Annual interest rate |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | OECD |
| Source type | International organization |
| Data licence | Redistributable with citation |
| Other information | Overnight rates usually refer to official discount rates and call-money rates. |
| FSR temporal aggregation code | LM1 |
Series in the same data set
Discover the other time series included in this data set.