The Canadian Alternative Reference Rate working group (CARR) welcomes the publication by the administrator of CDOR, Refinitiv Benchmark Services (UK) Limited (RBSL), of a consultation document regarding the potential permanent cessation of the Canadian Dollar Offered Rate (CDOR). This consultation follows the publication in December 2021 of CARR’s White Paper on CDOR.
CARR encourages CDOR stakeholders to provide feedback on this consultation, which closes on February 28, 2022.
CARR is a group of financial sector firms and public sector institutions working to ensure Canada’s interest rate benchmark regime is robust, relevant and effective in the years ahead. CARR was established under the auspices of the Canadian Fixed Income Forum.
For further information, please contact:
Market inquiries:
Senior Director
Financial Markets Department
Bank of Canada
613‑782‑7768
Managing Director and Vice Chair
CIBC Capital Markets
416‑594‑7806
Media inquiries:
Media Relations
Bank of Canada