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2 results for “policy rate”
- 2-Year Government of Canada Bond Yield(BOND_2Y)
The yield on the 2-year Government of Canada benchmark bond, the market's pricing of short-term sovereign borrowing. It moves closely with expectations for the Bank of Canada's policy rate over the next two years, making it the most policy-sensitive point on the yield curve. Published daily.
Bank of Canada, Valet · Daily · Percent
- Bank of Canada Policy Interest Rate(POLICY_RATE)
The Bank of Canada's target for the overnight rate, the policy instrument set at each of the Bank's eight scheduled decision dates per year. It anchors the prime rates banks charge households and businesses, transmitting monetary policy through mortgages and business credit. This series carries the month-end target value.
Bank of Canada, Valet · Monthly · Percent
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