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February 18, 2020

Methodology for calculating the Canadian Overnight Repo Rate Average (CORRA)

The Canadian Overnight Repo Rate Average (CORRA) is a measure of the cost of overnight general collateral funding in Canadian dollars using Government of Canada (GoC) treasury bills and bonds as collateral for repurchase transactions (repos). This page describes its calculation methodology, publishing process and governance.

Stéphanie Houle

Stéphanie Houle is a Senior Economist in the Canadian Economic Analysis Department.
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