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The Bank of Canada – Canadian Overnight Repo Rate Average (CORRA)

The Canadian Overnight Repo Rate Average (“CORRA”) is Canada’s risk-free overnight rate. It measures the cost of overnight general collateral funding in Canadian dollars using Government of Canada treasury bills and bonds as collateral for repurchase transactions. The Bank of Canada is the administrator of CORRA and provides the data and calculation methodology on its website at no cost.

You must attribute the Bank of Canada as the source of the content, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests that the Bank endorses you or your use of the content.