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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| 2021-02-25 | 2021-02-26 | 2021-03-01 | 2021-03-02 | 2021-03-03 | |
|---|---|---|---|---|---|
| Canadian Overnight Repo Rate Average (CORRA) (%) | 0.2000 | 0.1800 | 0.1800 | 0.1600 | 0.1600 |
| Total dollar trading volume of all trades eligible for CORRA ($) | 14,473,617,064 | 14,973,921,389 | 20,049,717,984 | 16,355,144,206 | 10,055,817,000 |
| Trimmed dollar volume of trades eligible for CORRA ($) | 10,855,212,798 | 11,230,441,042 | 15,037,288,488 | 12,266,358,154 | 7,541,862,750 |
| Number of unique data submitters for CORRA | 13 | 13 | 14 | 13 | 13 |
| Rate at which daily CORRA trading volume is trimmed (%) | 0.1500 | 0.1400 | 0.1200 | 0.1000 | 0.1000 |
| Rate at 5th percentile of the trimmed trading volume (%) | 0.1500 | 0.1400 | 0.1300 | 0.1000 | 0.1400 |
| Rate at 25th percentile of the trimmed trading volume (%) | 0.1800 | 0.1500 | 0.1500 | 0.1500 | 0.1400 |
| Rate at 75th percentile of the trimmed trading volume (%) | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.1900 |
| Rate at 95th percentile of the trimmed trading volume (%) | 0.2100 | 0.2000 | 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.