November 30, 2023
Market Notices
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November 16, 2023
CARR publishes recommended conventions for Term CORRA swaps
Today, the Canadian Alternative Reference Rate working group (CARR) published two recommended conventions for interest rate swaps referencing Term CORRA. -
October 26, 2023
Bank of Canada announces changes to Overnight Reverse Repo operations
The Bank’s Overnight Reverse Repo (ORR) operations help reinforce the Bank’s target for the overnight rate in a floor system with large settlement balances. -
October 16, 2023
CFIF recommends path for winding down BA market
Bankers’ Acceptances (BAs) will no longer be issued by the major Canadian banks after the cessation of the Canadian Dollar Offered Rate’s (CDOR) publication in June 2024. -
September 13, 2023
CFIF publishes an update on the transition away from BAs
With the cessation of the Canadian Dollar Offered Rate’s (CDOR) publication in June 2024, Bankers’ Acceptances (BA) will no longer be issued by the major Canadian banks. -
August 29, 2023
CARR finalizes the allowed uses for Term CORRA
Today, the Canadian Alternative Reference Rate working group (CARR) finalized its guidance on the allowable use cases for Term CORRA. -
August 28, 2023
Debt Management Strategy Consultations – 2024-25
The Department of Finance and the Bank of Canada are seeking the views of government securities distributors, institutional investors, and other interested parties on issues related to the design and operation of the Government of Canada’s domestic debt program for 2024-25 and beyond. -
August 10, 2023
Term CORRA to be launched on September 5, 2023
In January, CARR announced the development of a Term CORRA benchmark that was designed to be a robust benchmark that adheres to IOSCO’s Principles for Financial Benchmarks. -
August 2, 2023
CARR begins publishing CDOR transition related FAQs
Today, the Canadian Alternative Reference Rate working group (CARR) begun publishing a set of frequently asked questions (FAQs) on its website to provide clarity on various aspects of the CDOR transition. -
July 31, 2023
CFEC Releases Results of April 2023 Foreign Exchange Volume Survey
The Canadian Foreign Exchange Committee (CFEC) released today the results of its April 2023 semi-annual survey of foreign exchange volumes in Canada.