• Rates
  • Canada

Overnight Money Market Financing Rate

Canadian Overnight Money Market Financing Rate

The average rate that financial institutions pay to borrow overnight money from institutions with surplus funds. Changes to this rate can influence interest rates banks charge for commercial loans as well as the yield on bonds and other fixed income instruments.

Date Value Previous Change
May 16, 2018 1.2460 1.2457 +0.03 bps
May 15, 2018 1.2457 1.2475 -0.18 bps
May 14, 2018 1.2475 1.2445 +0.30 bps
May 11, 2018 1.2445 1.2471 -0.26 bps
May 10, 2018 1.2471 1.2439 +0.32 bps
May 9, 2018 1.2439 1.2473 -0.34 bps
May 8, 2018 1.2473 1.2469 +0.04 bps
May 7, 2018 1.2469 1.2470 -0.01 bps
May 4, 2018 1.2470 1.2473 -0.03 bps
May 3, 2018 1.2473 1.2477 -0.04 bps
Your capital is at risk. Losses can exceed investment. Leverage trading is high risk and not for everyone - find out more