CORRA rate today

CORRA, the Canadian Overnight Repo Rate Average, was 2.30% for October 1, 2026, the latest rate the Bank of Canada has published.

CORRA "measures the cost of overnight general collateral funding in Canadian dollars using Government of Canada treasury bills and bonds as collateral for repurchase transactions". The Bank of Canada calls it Canada's risk-free rate.

CORRA

2.30%

As of October 1, 2026

CORRA compounded over 30 days

2.297%

As of October 2, 2026Sphera Credit estimate

CORRA compounded over 90 days

2.296%

As of October 2, 2026Sphera Credit estimate

CORRA compounded over 180 days

2.299%

As of October 2, 2026Sphera Credit estimate

  • Bank of Canada policy rate: 2.25% on October 1, 2026.
  • Prime rate: 4.45% on September 30, 2026.

Source: Bank of Canada.

CORRA compounded over 30 days, CORRA compounded over 90 days, CORRA compounded over 180 days: Sphera Credit calculation from the Bank of Canada CORRA Compounded Index (series corra-index, Valet series CORRA.COMPOUNDED.INDEX).

Maintained by Sphera Credit

Daily CORRA rates: last 65 business days

This table lists the Bank of Canada's CORRA for each of the last 65 business days, newest first. Each row shows its value date, the day of the repo trades. A year before October 1, 2026, CORRA was 2.56%.

Daily CORRA rates: last 65 business days
DateCORRACORRA, changeCORRA minus Bank of Canada policy rate
Oct 1, 20262.30%-1 basis point5 basis points
Sep 29, 20262.31%+1 basis point6 basis points
Sep 28, 20262.30%0 basis points5 basis points
Sep 25, 20262.30%0 basis points5 basis points
Sep 24, 20262.30%+1 basis point5 basis points
Sep 23, 20262.29%0 basis points4 basis points
Sep 22, 20262.29%0 basis points4 basis points
Sep 21, 20262.29%0 basis points4 basis points
Sep 18, 20262.29%0 basis points4 basis points
Sep 17, 20262.29%0 basis points4 basis points
Show 55 more rows
Daily CORRA rates: last 65 business days
DateCORRACORRA, changeCORRA minus Bank of Canada policy rate
Sep 16, 20262.29%0 basis points4 basis points
Sep 15, 20262.29%+1 basis point4 basis points
Sep 14, 20262.28%-2 basis points3 basis points
Sep 11, 20262.30%0 basis points5 basis points
Sep 10, 20262.30%+1 basis point5 basis points
Sep 9, 20262.29%0 basis points4 basis points
Sep 8, 20262.29%0 basis points4 basis points
Sep 4, 20262.29%-1 basis point4 basis points
Sep 3, 20262.30%0 basis points5 basis points
Sep 2, 20262.30%+1 basis point5 basis points
Sep 1, 20262.29%+2 basis points4 basis points
Aug 31, 20262.27%+2 basis points2 basis points
Aug 28, 20262.25%0 basis points0 basis points
Aug 27, 20262.25%0 basis points0 basis points
Aug 26, 20262.25%0 basis points0 basis points
Aug 25, 20262.25%0 basis points0 basis points
Aug 24, 20262.25%0 basis points0 basis points
Aug 21, 20262.25%0 basis points0 basis points
Aug 20, 20262.25%-1 basis point0 basis points
Aug 19, 20262.26%0 basis points1 basis point
Aug 18, 20262.26%-1 basis point1 basis point
Aug 17, 20262.27%+1 basis point2 basis points
Aug 14, 20262.26%-1 basis point1 basis point
Aug 13, 20262.27%0 basis points2 basis points
Aug 12, 20262.27%0 basis points2 basis points
Aug 11, 20262.27%-1 basis point2 basis points
Aug 10, 20262.28%-2 basis points3 basis points
Aug 7, 20262.30%0 basis points5 basis points
Aug 6, 20262.30%-1 basis point5 basis points
Aug 5, 20262.31%-2 basis points6 basis points
Aug 4, 20262.33%-4 basis points8 basis points
Jul 31, 20262.37%+6 basis points12 basis points
Jul 30, 20262.31%0 basis points6 basis points
Jul 29, 20262.31%+3 basis points6 basis points
Jul 28, 20262.28%0 basis points3 basis points
Jul 27, 20262.28%0 basis points3 basis points
Jul 24, 20262.28%+1 basis point3 basis points
Jul 23, 20262.27%-1 basis point2 basis points
Jul 22, 20262.28%-1 basis point3 basis points
Jul 21, 20262.29%0 basis points4 basis points
Jul 20, 20262.29%0 basis points4 basis points
Jul 17, 20262.29%-1 basis point4 basis points
Jul 16, 20262.30%-1 basis point5 basis points
Jul 15, 20262.31%+3 basis points6 basis points
Jul 14, 20262.28%-2 basis points3 basis points
Jul 13, 20262.30%0 basis points5 basis points
Jul 10, 20262.30%+1 basis point5 basis points
Jul 9, 20262.29%+1 basis point4 basis points
Jul 8, 20262.28%0 basis points3 basis points
Jul 7, 20262.28%-3 basis points3 basis points
Jul 6, 20262.31%0 basis points6 basis points
Jul 3, 20262.31%+1 basis point6 basis points
Jul 2, 20262.30%-4 basis points5 basis points
Jun 30, 20262.34%+3 basis points9 basis points
Jun 29, 20262.31%-1 basis point6 basis points

Calculated by Sphera Credit from Bank of Canada data.

Source: Bank of Canada.

What is CORRA?

CORRA is the Canadian Overnight Repo Rate Average, a measure of the cost of overnight repo funding in Canadian dollars that the Bank of Canada calculates and publishes.

A repo, short for repurchase agreement, is a deal in which one party sells a security and agrees to buy it back at a set price after a set time. See how the Bank of Canada calculates CORRA.

CORRA and the Bank of Canada policy rate

The policy rate is the Bank of Canada's target for the overnight collateralized repo rate, and the Bank calculates CORRA from repo trades. The Canadian Alternative Reference Rate Working Group (CARR) said in its CDOR transition FAQ that CORRA generally tracks the policy rate relatively closely over time but can deviate from it based on overall funding conditions in the overnight repo market.

CORRA was 2.30% for October 1, 2026, and the policy rate was 2.25% on October 1, 2026. The gap, CORRA minus the policy rate as calculated by Sphera Credit from Bank of Canada data, was 5 basis points on October 1, 2026. For more on the policy rate, see what the interest rate is in Canada and the Bank of Canada announcement schedule.

CORRA rate chart

  • CORRA: 2.30% on October 1, 2026.
  • Bank of Canada policy rate: 2.25% on October 1, 2026.
  • CORRA: history since August 12, 1997.
  • Full CORRA history (CSV)

Source: Bank of Canada.

CORRA rate history: month-end, year-end and yearly averages

CORRA has one published value for each business day. The tables below give the month-end value and a summary of each year. Sphera Credit's CORRA series starts on August 12, 1997. The CORRA series page holds the full history and its free CSV file.

Month-end CORRA

Month-end CORRA
MonthDateCORRABank of Canada policy rate
October 2026 (month to date)Oct 1, 20262.30%2.25%
September 2026Sep 29, 20262.31%2.25%Sep 30, 2026
August 2026Aug 31, 20262.27%2.25%
July 2026Jul 31, 20262.37%2.25%
June 2026Jun 30, 20262.34%2.25%
May 2026May 29, 20262.25%2.25%
April 2026Apr 30, 20262.30%2.25%
March 2026Mar 31, 20262.27%2.25%
February 2026Feb 27, 20262.29%2.25%
January 2026Jan 30, 20262.30%2.25%
December 2025Dec 31, 20252.30%2.25%
November 2025Nov 28, 20252.25%2.25%
Show 24 more rows
Month-end CORRA
MonthDateCORRABank of Canada policy rate
October 2025Oct 31, 20252.35%2.25%
September 2025Sep 29, 20252.56%2.50%Sep 30, 2025
August 2025Aug 29, 20252.77%2.75%
July 2025Jul 31, 20252.76%2.75%
June 2025Jun 30, 20252.75%2.75%
May 2025May 30, 20252.76%2.75%
April 2025Apr 30, 20252.77%2.75%
March 2025Mar 31, 20252.77%2.75%
February 2025Feb 28, 20253.00%3.00%
January 2025Jan 31, 20253.05%3.00%
December 2024Dec 31, 20243.32%3.25%
November 2024Nov 29, 20243.78%3.75%
October 2024Oct 31, 20243.84%3.75%
September 2024Sep 27, 20244.30%4.25%Sep 30, 2024
August 2024Aug 30, 20244.53%4.50%
July 2024Jul 31, 20244.53%4.50%
June 2024Jun 28, 20244.80%4.75%
May 2024May 31, 20245.02%5.00%
April 2024Apr 30, 20245.01%5.00%
March 2024Mar 28, 20245.05%5.00%Mar 29, 2024
February 2024Feb 29, 20245.01%5.00%
January 2024Jan 31, 20245.07%5.00%
December 2023Dec 29, 20235.06%5.00%
November 2023Nov 30, 20235.02%5.00%

Source: Bank of Canada.

CORRA by year

CORRA by year
YearYear-end valueAverageLowHigh
2026 (year to date)2.30%Oct 1, 20262.28%2.25%2.37%
20252.30%Dec 31, 20252.72%2.24%3.30%
20243.32%Dec 31, 20244.59%3.29%5.07%
20235.06%Dec 29, 20234.75%4.25%5.06%
20224.28%Dec 30, 20221.89%0.12%4.28%
20210.10%Dec 31, 20210.17%0.05%0.20%
20200.20%Dec 31, 20200.53%0.14%1.77%
20191.78%Dec 31, 20191.75%1.61%1.80%
20181.82%Dec 31, 20181.40%0.96%1.82%
20171.00%Dec 29, 20170.69%0.45%1.04%
20160.49%Dec 30, 20160.51%0.45%0.57%
20150.55%Dec 31, 20150.66%0.45%1.04%
20140.99%Dec 31, 20141.00%0.96%1.06%
20130.97%Dec 31, 20131.01%0.95%1.06%
20120.99%Dec 31, 20121.01%0.95%1.11%
20110.99%Dec 30, 20111.00%0.96%1.03%
20100.97%Dec 31, 20100.58%0.23%1.03%
20090.26%Dec 31, 20090.42%0.20%1.50%
20081.50%Dec 31, 20083.04%1.49%4.26%
20074.23%Dec 31, 20074.34%4.19%4.58%
20064.26%Dec 29, 20063.99%3.19%4.29%
20053.17%Dec 30, 20052.63%2.45%3.24%
20042.54%Dec 31, 20042.26%1.99%2.76%
20032.76%Dec 31, 20032.94%2.74%3.28%
20022.75%Dec 31, 20022.45%2.00%2.79%
20012.26%Dec 31, 20014.26%2.25%5.76%
20005.78%Dec 29, 20005.49%4.73%5.88%
19994.75%Dec 31, 19994.77%4.53%5.21%
19984.95%Dec 31, 19984.95%3.07%6.02%
19974.37%Dec 31, 19973.62%3.23%4.49%

Calculated by Sphera Credit from Bank of Canada data.

The average is the arithmetic mean of the values published in the year. Each value counts once.

Source: Bank of Canada.

  • The current methodology applies from the value date June 12, 2020, the Bank's first publication of CORRA (made June 15, 2020, when it took over calculation and publication from Refinitiv Benchmark Services). Earlier values were calculated under the previous methodology and carry up to four decimal places.
  • The Bank identifies on its website the days when the published rate is the fallback rate. This series does not flag them.

Daily compounded CORRA: 30, 90 and 180-day averages

The 30-day (1-month) average, a Sphera Credit estimate calculated from the Bank of Canada CORRA Compounded Index, was 2.297% on October 2, 2026. Sphera Credit calculates the 90-day (3-month) and 180-day (6-month) averages the same way. Each average is an annualized rate that compounds CORRA over roughly the last 30, 90 or 180 calendar days, and CORRA compounded over a calendar month can differ from the 30-day average. Daily compounded CORRA, also called CORRA compounded in arrears, is the result of compounding each day's CORRA over a period.

Term CORRA is a forward-looking rate and a separate, licensed benchmark, which the Term CORRA section explains.

Each series page explains the method: CORRA compounded over 30 days and CORRA compounded over 90 days.

CORRA Compounded Index and the 30, 90 and 180-day averages

"A measure of the cumulative impact of CORRA compounding over time, starting from a base value of 100 on June 12, 2020." Dividing two index values gives CORRA compounded between their dates.

Published as is by the source. Sphera Credit does not transform the values. The Bank sets Index(i) = Index(i-1) * (1 + CORRA(i-1) * d(i-1) / 365), where CORRA(i-1) is CORRA for the previous business day and d(i-1) is the number of calendar days that rate applies to (for example 3 for a Friday rate over a weekend). The index has eight decimal places.

The index for a business day is published on that day, while CORRA is published one business day after its value date.

For each business day t with an index value, let s be the latest business day on or before t minus 30 calendar days. The value is (Index(t) / Index(s) - 1) * 365 / (t - s) * 100, where t - s is the number of calendar days between the two dates. This is the Bank of Canada's published formula for CORRA compounded between two dates, applied with start date s and end date t. Rounded to five decimal places.

CORRA Compounded Index and the 30, 90 and 180-day averages
DateCORRA Compounded IndexCORRA compounded over 30 daysSphera Credit estimateCORRA compounded over 90 daysSphera Credit estimateCORRA compounded over 180 daysSphera Credit estimate
Oct 2, 2026117.330368642.297%2.296%2.299%
Oct 1, 2026117.322975692.297%2.296%2.298%
Sep 29, 2026117.308127372.291%2.297%2.298%
Sep 28, 2026117.300735822.290%2.296%2.298%
Sep 25, 2026117.278565352.287%2.297%2.298%
Sep 24, 2026117.271175662.285%2.297%2.297%
Sep 23, 2026117.263818562.284%2.297%2.297%
Sep 22, 2026117.256461922.281%2.297%2.298%
Sep 21, 2026117.249105752.280%2.298%2.298%
Sep 18, 2026117.227041372.277%2.299%2.298%

Source: Bank of Canada.

CORRA vs prime rate

CORRA is a market rate that the Bank of Canada calculates from overnight repo trades, and each financial institution sets its own prime rate. The Bank of Canada finds the typical prime rate as the statistical mode of the rates posted by the six largest banks. CARR described CORRA as a risk-free rate, with no compensation for term risk or bank credit risk.

On September 30, 2026, the prime rate was 4.45%, and the difference between prime and the CORRA rate on or before that date, calculated by Sphera Credit from Bank of Canada data, was 2.14 percentage points. For a prime-plus-spread example, see line of credit interest rates.

  • CORRA: 2.30% on October 1, 2026.
  • Prime rate: 4.45% on September 30, 2026.
  • CORRA: history since August 12, 1997.

Source: Bank of Canada.

CORRA vs prime rate
DatePrime rateCORRAPrime rate minus CORRA
Latest: Sep 30, 20264.45%2.31%Sep 29, 20262.14 percentage points
A year earlier: Sep 30, 20254.70%Sep 24, 20252.56%Sep 29, 20252.15 percentage pointsSep 24, 2025
Five years earlier: Sep 30, 20212.45%Sep 29, 20210.19%Sep 29, 20212.26 percentage pointsSep 29, 2021

Calculated by Sphera Credit from Bank of Canada data.

Source: Bank of Canada.

Weekly, one value as at each Wednesday.

Term CORRA, compounded CORRA and overnight CORRA

Term CORRA is a forward-looking rate for a 1-month or 3-month term, based on CORRA futures. Overnight CORRA, the daily rate this page shows, is a different rate. With daily compounded CORRA and no lookback, the exact interest is known only at the end of the interest period. Term CORRA is set at the start of the interest period.

CanDeal Benchmark Administration Services administers Term CORRA and publishes the rate on its own website for information only. CARR's use cases, last updated on August 29, 2023, allowed Term CORRA only as a reference rate for business loans and for derivatives tied to those loans. They counted commercial mortgages among business loans and did not allow Term CORRA for consumer loans, including mortgages. CARR's FAQ said that daily compounded CORRA has no such restriction.

The Bank of Canada says that overnight CORRA needs no licence agreement, though its disclaimers and conditions apply. CARR's use cases said that a firm that offers products on Term CORRA needs a licence from TMX Datalinx. CARR's FAQ, last updated on July 10, 2024, said that users of those products do not need a licence, though they may have to acknowledge the terms of use of Term CORRA. Term CORRA is a licensed benchmark, so this page shows no Term CORRA value.

CDOR to CORRA: what replaced CDOR

The Canadian Alternative Reference Rate Working Group (CARR) said that loans that reference CORRA, Term CORRA or a bank's prime rate would replace loans that referenced CDOR. CDOR, the Canadian Dollar Offered Rate, was a survey-based benchmark for the interest rate on bankers' acceptance credit facilities. Its administrator announced in May 2022 that CDOR would stop being published after June 28, 2024. CARR has since been wound down after completing its mandate to transition the Canadian market from CDOR. After November 1, 2023, CARR's milestone required new loan contracts to reference only CORRA, Term CORRA or prime.

Credit spread adjustment for legacy CDOR loans

CARR's recommended fallback language for CDOR loans added a fixed adjustment of 0.29547% for the 1-month term and 0.32138% for the 3-month term. The language set out a two-step waterfall: Term CORRA plus the adjustment first, then daily compounded CORRA plus the adjustment. CARR said that CORRA is much lower than CDOR because CORRA does not include a bank funding or credit spread. CARR expected the all-in borrowing rate to be roughly equivalent and said that banks would need to adjust borrower-specific credit spreads higher to account for the difference. CARR made no recommendation on a credit spread adjustment for new loans that reference CORRA or Term CORRA. CARR said that any such adjustment, if applicable, would need to be negotiated between the borrower and the lender.

What is a CORRA loan and how does interest accrue?

A CORRA loan is a loan that uses CORRA as its reference rate, and CARR recommended the daily compounded in-arrears methodology for CORRA-based loans. In arrears means that the interest for a period is worked out from the daily rates published during that period. CARR recommended compounding CORRA daily with the borrower's credit spread calculated as simple interest, and a five-business-day lookback with no observation shift. The lookback lets the borrower know the interest payment before the payment date. CARR's terms for CORRA-based loans are only recommendations, and a loan agreement can include them voluntarily.

For the arithmetic of interest, see how an interest rate is calculated. Lenders that price commercial real estate loans off CORRA can read about solutions for commercial real estate lenders.

When the Bank of Canada publishes CORRA

The Bank of Canada publishes each CORRA rate on the following business day, on days when Schedule I banks are open for business in Toronto.

Published by the Bank of Canada every business day between 9:00 and 11:00 ET, normally around 9:00 ET, for the previous business day. Each value is dated by its value date, the day the repo trades took place.

Published every business day at 11:30 ET, after CORRA is final. The value for a business day is published on that day and includes CORRA up to the previous business day.

How these series are built

CORRA

CORRA: method and sources

Definition

CORRA "measures the cost of overnight general collateral funding in Canadian dollars using Government of Canada treasury bills and bonds as collateral for repurchase transactions". The Bank of Canada calls it Canada's risk-free rate.

Source

Bank of Canada, Valet series AVG.INTWO ("Canadian Overnight Repo Rate Average (CORRA) (%)"). The Bank administers CORRA and calculates it from transaction-level repo data submitted to the Canadian Investment Regulatory Organization (CIRO).

Calculation

Published as is by the source. Sphera Credit does not transform the values. The Bank computes CORRA as the trimmed volume-weighted median of eligible overnight repo trades: it orders the trades from the lowest rate to the highest, removes the 25 percent of volume with the lowest rates, and takes the volume-weighted median rate of the rest. The rate has two decimal places. If the trimmed volume is below a minimum threshold (the greater of $3 billion or 30 percent of the 5-day moving average of published trimmed volumes), or the Bank cannot calculate the rate, CORRA is set to a fallback rate: the target for the overnight rate plus the mean spread between CORRA and that target over the previous five business days.

Publication and dating

Published by the Bank of Canada every business day between 9:00 and 11:00 ET, normally around 9:00 ET, for the previous business day. Each value is dated by its value date, the day the repo trades took place.

Caveats

  • The current methodology applies from the value date June 12, 2020, the Bank's first publication of CORRA (made June 15, 2020, when it took over calculation and publication from Refinitiv Benchmark Services). Earlier values were calculated under the previous methodology and carry up to four decimal places.
  • The Bank identifies on its website the days when the published rate is the fallback rate. This series does not flag them.

CORRA Compounded Index

CORRA Compounded Index: method and sources

Definition

"A measure of the cumulative impact of CORRA compounding over time, starting from a base value of 100 on June 12, 2020." Dividing two index values gives CORRA compounded between their dates.

Source

Bank of Canada, Valet series CORRA.COMPOUNDED.INDEX ("CORRA Compounded Index").

Calculation

Published as is by the source. Sphera Credit does not transform the values. The Bank sets Index(i) = Index(i-1) * (1 + CORRA(i-1) * d(i-1) / 365), where CORRA(i-1) is CORRA for the previous business day and d(i-1) is the number of calendar days that rate applies to (for example 3 for a Friday rate over a weekend). The index has eight decimal places.

Publication and dating

Published every business day at 11:30 ET, after CORRA is final. The value for a business day is published on that day and includes CORRA up to the previous business day.

Caveats

  • The Bank provides the index for informational purposes only.

CORRA compounded over 30 days (Sphera Credit estimate)

CORRA compounded over 30 days: method and sources

Definition

The annualized rate, in percent, from compounding CORRA daily over roughly the last 30 calendar days.

Source

Sphera Credit calculation from the Bank of Canada CORRA Compounded Index (series corra-index, Valet series CORRA.COMPOUNDED.INDEX).

Calculation

For each business day t with an index value, let s be the latest business day on or before t minus 30 calendar days. The value is (Index(t) / Index(s) - 1) * 365 / (t - s) * 100, where t - s is the number of calendar days between the two dates. This is the Bank of Canada's published formula for CORRA compounded between two dates, applied with start date s and end date t. Rounded to five decimal places.

Publication and dating

Daily on business days, dated like the index, and available once the Bank publishes the index at 11:30 ET. Because Index(t) includes CORRA up to the previous business day, the value dated t covers CORRA for the value dates from s up to the business day before t.

Caveats

  • The window is at least 30 calendar days, and a few days longer when t minus 30 days falls on a weekend or holiday, because s moves back to the previous business day.
  • It is a trailing reference average. It does not apply the lookback, lockout or payment conventions a loan agreement may specify, so check the agreement before using it to calculate interest.

Use this data

Use with your AI assistant

Connect Sphera Credit Data to your assistant once. It can then chart and analyze these series, and every value it quotes carries its source and date. The catalogue is open. Pulling a history asks you to sign in with your work email, and access is free.

Copy the prompt below and paste it into your AI assistant. The assistant adds the Sphera Credit Data connector for you, or walks you through the steps when it cannot.

Prompt for your AI assistant

Add the Sphera Credit Data MCP server to this assistant, so you can answer my questions with Canadian rate data from the Bank of Canada.

Server name: Sphera Credit Data
Server URL: https://data.spheracredit.com/mcp
Type: remote MCP server over HTTP with OAuth sign-in. It needs no API key.

More information about the tools, the data series and Sphera Credit is on this page:
https://www.spheracredit.com/en/resources/data/mcp
Browse it first, so you understand what Sphera Credit is and how this server helps me. If you cannot browse the web, continue without it.

I came from the page "CORRA rate today" (series ids: corra, corra-index, corra-avg-30d, corra-avg-90d, corra-avg-180d, policy-rate, prime-rate). Once you are connected, start with these series.

Then follow these steps:
1. If you can add MCP servers yourself, add this one now. Tell me what you change.
   - Claude Code: claude mcp add --transport http sphera-data https://data.spheracredit.com/mcp
   - Codex: codex mcp add sphera-data --url https://data.spheracredit.com/mcp
   - Any other tool: use your own way to add a remote HTTP MCP server with the URL above.
2. If you cannot add it yourself, tell me how to add it in this app, one numbered step at a time, with the exact URL above. If you are not sure of the steps for this app, use the steps on the page above. Do not guess a different URL.
3. The first time you pull a rate history, a sign-in page opens. I sign in myself on that page. Do not enter my details or the emailed code for me.
4. When it is connected, call list_series to check that it works. Then tell me in two or three sentences what you can now do for me. Always give the source and the date of each value you quote.

Then ask: “What was 90-day compounded CORRA at each month end this year?”

MCP server documentation

Frequently asked questions

CORRA was 2.30% for October 1, 2026, the latest rate the Bank of Canada has published, and 2.56% a year earlier. The Bank of Canada publishes each CORRA rate on the following business day, so each rate appears one business day after the repo trades it measures.

Sources

  1. Methodology for calculating the Canadian Overnight Repo Rate Average (CORRA), Bank of Canada (checked 2026-10-02)
  2. About the Bank of Canada's balance sheet, Bank of Canada (checked 2026-10-02)
  3. Going back to normal: The Bank of Canada's balance sheet after quantitative tightening, Bank of Canada (checked 2026-10-02)
  4. CDOR Transition FAQs, Bank of Canada (checked 2026-10-02)
  5. Interest rates posted for selected products by the major chartered banks, Bank of Canada (checked 2026-10-02)
  6. Recommended terms for CORRA-based loans, Bank of Canada (checked 2026-10-02)
  7. CORRA loan conventions comparison table, Bank of Canada (checked 2026-10-02)
  8. CARR's approved use cases for Term CORRA, Bank of Canada (checked 2026-10-02)
  9. CARR publishes its recommendations for transitioning loans from CDOR to CORRA, Bank of Canada (checked 2026-10-02)
  10. CARR's Review of CDOR: Analysis and Recommendations, Bank of Canada (checked 2026-10-02)
  11. CARR welcomes RBSL's decision to cease the publication of CDOR after June 28, 2024, Bank of Canada (checked 2026-10-02)
  12. Canadian Alternative Reference Rate Working Group, Bank of Canada (checked 2026-10-02)
  13. Recommended fallback language for loans referencing CDOR, Bank of Canada (checked 2026-10-02)

For information only. These are market reference rates. Each lender sets its own loan rates.