Canadian Overnight Money Market Rate
An estimate of the average rate at which repurchasing of securities and interbank loans were financed in a given Business Day. This rate is compiled by the bank of Canada at the end of each business day through surveys of money market participants, and is considered a more accurate measure of overnight market rates than other rate estimates.
Browse by Subjects
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):