Central Banks & Monetary

Policy overnight rate target

Changed on

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.

The answer holds every dated observation, oldest first, of the recent_years window (default 5 years). Pass the optional limit to keep only the newest observations of that window, e.g. limit=1 for the latest target.

get/api/v1/boc/policy-rate

Request

  • Base URL: https://sugra.ai
  • URL: https://sugra.ai/api/v1/boc/policy-rate
  • Auth: API key in header x-api-key

Query parameters

recent_yearsinteger

Number of years of history to include.

limitinteger nullable

Optional: keep only the newest N observations of the recent_years window. Omit for the whole window.

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",
    "data_age_days": 8.532,
    "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"
    ],
    "stale_since": "2026-09-08T12:00:00Z",
    "period": "2026-Q1",
    "notes": "the UKMTO report behind these counts is dated 2026-08-21 and is 11 days old"
  }
}

Changes