June 24, 2024 CARR Meeting (June 24, 2024) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
June 10, 2024 CARR provides guidance for CDOR-based loans, derivatives and securities that do not have a robust fallback in place for CDOR’s cessation post June 28, 2024 The Canadian Alternative Reference Rate working group (CARR) is providing guidance to market participants with respect to CDOR-linked loans, derivatives and securities that do not have adequate fallback language to address the cessation of CDOR following the final publication by Refinitiv Benchmark Services (UK) Limited on June 28, 2024 (the “Cessation Date”). Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
May 21, 2024 CARR Meeting (May 21, 2024) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
May 13, 2024 CARR publishes illustrative examples on determining fallback rates on floating rate notes that reference CDOR CARR is publishing two presentations to clarify how CARR’s recommended fallback rate for floating rate notes that reference CDOR should be implemented for calculating the coupon and accrued interest post June 2024. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
April 30, 2024 CARR reiterates that market participants with CDOR-based loans, derivatives or securities must prepare for CDOR’s cessation post June 28, 2024 Refinitiv Benchmark Services (UK) Limited (RBSL), the administrator of CDOR, today reaffirmed that all three tenors of CDOR will cease to be published after June 28, 2024. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
April 29, 2024 CARR Meeting (April 29, 2024) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
April 15, 2024 CARR to begin publishing data on the transition of CDOR based loans to CORRA To facilitate the monitoring of the transition away from CDOR based loans to CORRA and Term CORRA, CARR will publish a monthly report on the aggregated outstanding amount of CDOR loans that have not transitioned to other benchmarks, as well as the volume of new loans, including any transitioned loans, referencing CORRA and/or Term CORRA. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
March 25, 2024 CARR Meeting (March 25, 2024) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
February 26, 2024 CARR Meeting (February 26, 2024) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
January 29, 2024 CARR Meeting (January 29, 2024) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group