Canadian Overnight Repo Rate Average (CORRA)

View or download the latest data for CORRA, Canada’s risk-free rate. See the methodology for details on calculation, publishing and governance.

CORRA 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 provides CORRA as a public good, at no cost to users and data distributors.

Recent data

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2020-11-19 2020-11-20 2020-11-23 2020-11-24 2020-11-25
Canadian Overnight Repo Rate Average (CORRA) (%) 0.2100 0.2200 0.2000 0.2300 0.2200
Total dollar trading volume of all trades eligible for CORRA ($) 16,264,591,548 12,382,547,945 12,923,040,021 10,568,344,159 13,578,134,077
Trimmed dollar volume of trades eligible for CORRA ($) 12,198,443,661 9,286,910,959 9,692,280,016 7,926,258,119 10,183,600,558
Number of unique data submitters for CORRA 15 15 14 14 16
Rate at which daily CORRA trading volume is trimmed (%) 0.1700 0.1800 0.1500 0.1700 0.1700
Rate at 5th percentile of the trimmed trading volume (%) 0.1700 0.1800 0.1500 0.1700 0.1800
Rate at 25th percentile of the trimmed trading volume (%) 0.2000 0.2000 0.1700 0.2000 0.2000
Rate at 75th percentile of the trimmed trading volume (%) 0.2500 0.2500 0.2200 0.2500 0.2500
Rate at 95th percentile of the trimmed trading volume (%) 0.2500 0.2500 0.2500 0.2500 0.2500
Publication status Published Published Published Published Published
Calculation methodology Standard Standard Standard Standard Standard

Note: Revised data are marked with an R.