01473cam 2200301za 45009.841250CaOODSP20221107152036cr |||||||||||170808s2016 onca #o f000 0 eng dCaOODSPengn-cn---FB12-7/2-2016E-PDFTarget for the overnight rate [electronic resource].[Ottawa?] : Bank of Canada, c2016.[2] p. : ill.Backgrounders"January 2016."Title from caption.Issued also in French under title: Le taux cible de financement à un jour."The Target for the Overnight Rate is the main tool used by the Bank of Canada to conduct monetary policy - for this reason, it is also known as the policy interest rate. It tells major financial institutions the average interest rate that the Bank wants to see in the market where they lend each other money “overnight.” When the Bank changes the Target for the Overnight Rate, this change affects other interest rates in the economy."--p. [1].gccstBanksgccstBankinggccstInterest ratesBank of Canada.Le taux cible de financement à un jour (CaOODSP)9.841252Backgrounders (Bank of Canada)(CaOODSP)9.839691PDF594 KBhttps://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB12-7-2016-2-eng.pdf