Central Banks & Monetary

Policy overnight rate target

Target for the overnight rate (series V39079, end-of-month) alongside the monthly average overnight rate (V122514). The overnight rate target is the Bank of Canada's primary monetary-policy instrument, set eight times per year at scheduled decisions plus ad-hoc moves when warranted.

Decision dates follow the published Bank of Canada calendar; values change in increments of 25 basis points as the normal rule.

get/api/v1/boc/policy-rate

Query parameters

recent_yearsinteger

Number of years of history to include.

Response

Overnight rate target and monthly average, end-of-month resolution.

Example response

{
  "meta": {
    "endpoint": "/api/v1/fred/us/cpi",
    "data_time": "2026-04-16T14:30:00Z",
    "response_time": "2026-04-16T14:30:12Z",
    "provider": "Sugra API v1.0.1",
    "source": "sugra_crypto",
    "attribution": "Short interest and Reg SHO daily short volume data is owned by and sourced from FINRA (Financial Industry Regulatory Authority).",
    "fallback_chain": [
      "sugra_crypto",
      "sugra_finance"
    ]
  }
}

Changes

Changed in 2 of the 21 revisions of this API.612

Aug 28, 2026560e8847c7b36See the full diff
- ▲
  the response property data/count became optional for the status 200
  response-property-became-optional
- ▲
  the response property data/observations became optional for the status 200
  response-property-became-optional
- ▲
  the response property data/seriesDetail became optional for the status 200
  response-property-became-optional
- ▲
  response property data/count list-of-types was widened by adding types null and number to media type application/json of response 200
  response-property-list-of-types-widened
- ▲
  response property data/observations list-of-types was widened by adding types null to media type application/json of response 200
  response-property-list-of-types-widened
- ▲
  response property data/seriesDetail list-of-types was widened by adding types null to media type application/json of response 200
  response-property-list-of-types-widened
This revision also has 15 changes that name no endpoint, such as unreferenced schemas being removed. See the revision's changelog
Aug 8, 20264c4530760ba112See the full diff
- ○
  added the optional property code to the response with the 401 status
  response-optional-property-added
- ○
  added the optional property code to the response with the 429 status
  response-optional-property-added
- ○
  added the optional property code to the response with the 503 status
  response-optional-property-added
- ○
  added the optional property hint to the response with the 401 status
  response-optional-property-added
- ○
  added the optional property hint to the response with the 429 status
  response-optional-property-added
- ○
  added the optional property hint to the response with the 503 status
  response-optional-property-added
- ○
  added the optional property plan to the response with the 401 status
  response-optional-property-added
- ○
  added the optional property plan to the response with the 429 status
  response-optional-property-added
- ○
  added the optional property plan to the response with the 503 status
  response-optional-property-added
- ○
  added the optional property reason to the response with the 401 status
  response-optional-property-added
- ○
  added the optional property reason to the response with the 429 status
  response-optional-property-added
- ○
  added the optional property reason to the response with the 503 status
  response-optional-property-added

Full history