August 3, 2022
Press, Market notices, Press releases, Canadian Alternative Reference Rate Working Group
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June 14, 2022
CARR extends Term CORRA consultation deadline to 30 June
Reflecting a number of requests for additional time to respond to CARR’s Term CORRA consultation, CARR will now accept comments until June 30, 2022. -
May 16, 2022
CARR welcomes RBSL’s decision to cease the publication of CDOR after June 28, 2024
Today, Refinitiv Benchmark Services (UK) Limited (RBSL), CDOR’s regulated administrator, announced the cessation of the publication of CDOR after June 28, 2024. -
January 31, 2022
CARR welcomes RBSL consultation on the potential cessation of CDOR
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 on the potential permanent cessation of the Canadian Dollar Offered Rate (CDOR). -
December 16, 2021
CARR publishes White Paper on the recommended future of CDOR
In October 2020, the Canadian Alternative Reference Rate (CARR) working group was tasked with analyzing the current status of the Canadian Dollar Offered Rate (CDOR) and to make recommendations based on that analysis. -
November 23, 2021
CARR publishes CORRA-related recommendations and key findings in its review of CDOR
The Canadian Alternative Reference Rate working group (CARR) today published a set of recommendations aimed at facilitating the widespread use of the Canadian Overnight Repo Rate Average (CORRA) in the Canadian financial system. -
July 6, 2021
CARR publishes results of consultation, recommended CDOR FRN fallback language
The Canadian Alternative Reference Rate working group (CARR) today published the results of its consultation on its proposed methodology for calculating CORRA-in-arrears as well as draft fallback language for floating rate notes (FRNs) that reference CDOR. -
April 6, 2021
Bank of Canada to begin publishing CORRA Compounded Index
As administrator of the Canadian Overnight Repo Rate Average (CORRA), the Bank of Canada (Bank) will begin publishing the CORRA Compounded Index effective April 6, 2021. -
February 9, 2021
CARR welcomes issuance of first compounded in arrears CORRA floating rate note
The Canadian Alternative Reference Rate working group (CARR) welcomes the Royal Bank of Canada’s issuance of the first floating rate note referencing CORRA compounded-in-arrears. -
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.