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 2.27 per cent in June 2026, versus 2.24 in May 2026.
Sample. There are 618 observations in the monthly time series presented in the plot above. The series covers the time span extending from January 1975 to June 2026.
History. Take a look at a few descriptive statistics we calculated on the whole sample: the interest rate hit a trough of 0.16 per cent in April 2021; it recorded its highest level of 21.81 in August 1981; it was equal on average to 5.46.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-04-30 | 2.25131 |
| 2026-05-31 | 2.244805 |
| 2026-06-30 | 2.267285 |
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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.