December 15, 2022
Canadian Alternative Reference Rate Working Group
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October 7, 2022
CARR agrees to begin process of developing Term CORRA benchmark
On May 16, 2022 CARR launched a public consultation on whether there was a need for a forward-looking Term CORRA benchmark to replace CDOR in certain types of loan facilities. -
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August 3, 2022
CARR publishes recommended fallback language for CDOR-based loans
The Canadian Alternative Reference Rate working group (CARR) today published recommended fallback language for new and existing loan agreements where the interest rate benchmark is the Canadian Dollar Offered Rate (CDOR). -
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