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 14, 2012	1.0002	0.9994	+0.08 bps
May 11, 2012	0.9994	1.0018	-0.24 bps
May 10, 2012	1.0018	1.0015	+0.03 bps
May 9, 2012	1.0015	1.0013	+0.02 bps
May 8, 2012	1.0013	1.0016	-0.03 bps
May 7, 2012	1.0016	1.0001	+0.15 bps
May 4, 2012	1.0001	1.0024	-0.23 bps
May 3, 2012	1.0024	1.0050	-0.26 bps
May 2, 2012	1.0050	1.0028	+0.22 bps
May 1, 2012	1.0028	1.0086	-0.58 bps