Canadian Alternative Reference Rate Working Group
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November 24, 2020
Canadian Alternative Reference Rate Working Group Launches Consultation
The Canadian Alternative Reference Rate working group (CARR) published a consultation paper today on a proposed methodology for calculating CORRA-in-arrears as well as draft fallback language for floating rate notes (FRNs) that reference CDOR. -
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October 19, 2020
CARR’s mandate expanded to include analysis of CDOR
The Canadian Fixed Income Forum (CFIF) has expanded the mandate of the Canadian Alternative Reference Rate working group (CARR) to include an analysis of the Canadian Dollar Offered Rate (CDOR). -
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June 15, 2020
Bank of Canada becomes administrator of Canadian Overnight Repo Rate Average
The Bank of Canada is now the administrator of the Canadian Overnight Repo Rate Average (CORRA) and will post today the first rate calculated using an improved methodology. -
June 5, 2020
CARR welcomes MX’s listing of new Three-Month CORRA Futures
The Canadian Alternative Reference Rate working group (CARR) welcomed Montréal Exchange’s (MX) notice that it will launch its new Three-Month Canadian Overnight Repo Rate Average (CORRA) Futures contract for trading on Friday June 12, 2020.