Notice: Since 30 March 2015 Thomson Reuters Benchmark Services Limited has been responsible for the calculation of the CORRA rate. This rate, as calculated by Thomson Reuters, is published by the Bank at the end of the day. (More information).
Notice: As part of a periodic exercise to review and update current definitions, the Overnight Money Market Financing Rate (OMMFR) has been updated to provide more clarity on the calculation of this metric, specifically the types of collateral and transactions that are included. Also as part of this review, effective 1 October 2016, the Bank of Canada will be delaying the publication of the OMMFR by an additional business day. Hence, from that date, the OMMFR will be available shortly after 9:00 ET two business days following its calculation. (More information).
Exchange Rates [ + more ] | 2016-08-09 | 2016-08-10 | +/- |
---|---|---|---|
USD/CAD closing rate | 1.3123 | -- | -- |
USD/CAD noon rate | 1.3117 | 1.3060 | -0.0057 |
CAD/USD noon rate | 0.7624 | 0.7657 | +0.0033 |
CERI * | 95.62 | 95.94 | +0.32 |
CERI excluding USD | 110.94 | 110.98 | +0.04 |
Money Market [ + more ] | 2016-08-08 | 2016-08-09 | +/- |
---|---|---|---|
Overnight Money Market Financing Rate | 0.5002% | 0.5000% | -0.0002 |
Target for the overnight rate | 0.50% | 0.50% | 0.00 |
Overnight Repo Rate (CORRA) | 0.5101% | -- | -- |
Prime Corporate Paper Rate - 1 Month | 0.82% | 0.82% | 0.00 |
Treasury Bills - 1 Month | 0.49% | 0.49% | 0.00 |
Bankers' acceptances - 1 month | 0.82% | 0.82% | 0.00 |
Inflation [ + more ] | 2016-05 | 2016-06 | +/- |
---|---|---|---|
Inflation-control target range | 1-3 | 1-3 | -- |
Total consumer price index** | 1.5% | 1.5% | 0.0 |
Core consumer price index** | 2.1% | 2.1% | 0.0 |
Interest Rates [ + more ] | 2016-07-27 | 2016-08-03 | +/- |
---|---|---|---|
Prime business rate | 2.70% | 2.70% | 0.00 |
Conventional mortgage - 5-year | 4.74% | 4.74% | 0.00 |
Bond Yields [ + more ] | 2016-08-08 | 2016-08-09 | +/- |
---|---|---|---|
Government of Canada Marketable Bonds - Average Yield - Over 10 Years | 1.58% | 1.52% | -0.06 |
Government of Canada Benchmark Bond Yields - 3 Year | 0.51% | 0.50% | -0.01 |
Real Return Bond - Long-Term | 0.29% | 0.25% | -0.04 |
* Canadian-dollar effective exchange rate index
** 12-month per cent change