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Bank of Canada keeps overnight rate target (key interest rate) at one percent - December 6, 2011

By
Industry Observer

Bank of Canada keeps overnight rate target (key interest rate) at one percent - December 6, 2011

On the scheduled date of December 6, 2011, the Bank of Canada announced that it would maintain its overnight target rate (key interest rate) at 1 percent. Thus, the bank rate is 1.25% and the deposit rate is 0.75%.

The next scheduled date for announcing the Bank of Canada overnight rate target is January 17, 2012.

Bank of Canada keeps overnight rate target (key interest rate) at one percent - December 6, 2011

Comments(1)

John Pusa
Glendale, CA

Mark -  Thank you for sharing detailed quality information on Bank of Canada keeps overnight interest rate at 1%  December 6, 2011.

Dec 06, 2011 04:10 PM