Effective April 28, 2022, the yield on the 7-day BoBC was adopted as the anchor policy rate and is referred to as the Monetary Policy Rate (MoPR). The yield on the 7-day BoBC (MoPR) was unchanged at 1.65 percent from the previous week, for a paper maturing on June 15, 2022. The summarised results of the auction held on June 7, 2022 are attached below: