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View or download the latest data for corra and its transparency metrics, or for the corra compounded index “ corra ” refers to the canadian overnight repo rate average Corra measures the cost of overnight general collateral funding in.

Corra | Wiki | Drarry Amino

It reflects the cost of overnight borrowing through. Corra measures the average cost of overnight general government of canada collateral repo transactions and is a representative measure of overnight funding rates. Canadian overnight repo rate average is at 2.55%, compared to 2.56% yesterday and 4.29% last year

This is higher than the long term average of 2.37%

What is the canadian overnight repo rate average (corra) The canadian overnight repo rate average (corra) is a key benchmark interest rate that reflects the cost. We publish daily updated 1m, 3m, and 6m compounded corra rates using official bank of canada fixings and a methodology aligned with how canadian financial.