Interbank Rate in Canada remained unchanged at 4.97 percent on Wednesday June 26. Interbank Rate in Canada averaged 3.08 percent from 1992 until 2024, reaching an all time high of 8.95 percent in November of 1992 and a record low of 0.43 percent in October of 2009.
Interbank Rate in Canada is expected to be 4.97 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Three Month Interbank Rate (Cdor) is projected to trend around 4.72 percent in 2027, according to our econometric models.