The Canadian Alternative Reference Rate working group (CARR) welcomes the publication by the administrator of CDOR, Refinitiv Benchmark Services (UK) Limited (RBSL), of a consultation document regarding the potential permanent cessation of the Canadian Dollar Offered Rate (CDOR). This consultation follows the publication in December 2021 of CARR’s White Paper on CDOR.
CARR encourages CDOR stakeholders to provide feedback on this consultation, which closes on February 28, 2022.
CARR is a group of financial sector firms and public sector institutions working to ensure Canada’s interest rate benchmark regime is robust, relevant and effective in the years ahead. CARR was established under the auspices of the Canadian Fixed Income Forum.