00000nam 2200000za 4500 9.841250 CaOODSP 20221107152036 cr ||||||||||| 170808s2016 onca #o f000 0 eng d CaOODSP eng n-cn--- FB12-7/2-2016E-PDF Target 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]. gccst Banks gccst Banking gccst Interest rates Bank of Canada. Le taux cible de financement à un jour (CaOODSP)9.841252 Backgrounders (Bank of Canada) (CaOODSP)9.839691 PDF 594 KB https://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB12-7-2016-2-eng.pdf