CORRA illustrative time series updated to include additional data from February to April, 2020

As announced on February 18, 2020, the Bank of Canada will take over the responsibility for publishing the Canadian Overnight Repo Rate Average (CORRA), effective Monday, June 15, 2020.

In light of recent market events, and in preparation for the transition to the new methodology the Bank has updated the illustrative historical time series for enhanced CORRA to include additional data. The illustrative time series will be updated weekly starting April 27, 2020.

This time series is for informational purposes only. It does not replace previously published CORRAs and should not be used for purposes other than research and comparative analysis.

For further information, please contact:

Market inquiries:

Harri Vikstedt
Senior Director
Financial Markets Department
Bank of Canada

Maksym Padalko
Financial Markets Department
Bank of Canada

Media inquiries:

Media Relations
Bank of Canada