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 stood at 2.24 per cent in September 2026, compared to 2.25 in August.
Sample. This monthly series has 621 observations overall. The time period covered by the series goes from January 1975 to September 2026.
History. Here are a few statistics we calculated on the full sample: the interest rate reached its maximum of 21.81 per cent in August 1981; it reached its lowest level of 0.16 per cent in April 2021; it was equal on average to 5.44 per cent.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 2.26518 |
| 2026-08-31 | 2.24987 |
| 2026-09-30 | 2.23802 |
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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.