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Product enhancement
US Treasury package enhancement: TIPS & STRIPS
By Akshay Gupta
28 Jul 2025
Interest Rate Derivatives
Global market movements & OTC derivatives impact
By Ian Sams
24 Jul 2025
FX & Money Markets
Inflation repricing is reshaping Yield Curves: here’s how Data can help
By Jake Harmon
17 Jul 2025
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Interest Rates, FX & Oil updates: July 2025
By Jessica Kalaria
14 Jul 2025
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CORRA (Canadian Overnight Repo Rate Average) is a new alternative reference rate for the Canadian dollar overnight market. Enhanced methodology was recommended, and the Bank of Canada (BOC) took over publication in June 2020. It is designed to replace the current reference rate, the Canadian Dollar LIBOR (CDOR), which was phased out at the end of 2021.
CORRA is based on actual transactions in the Canadian dollar overnight market, making it more robust and reliable than CDOR. Additionally, it is calculated and published on a daily basis, providing more frequent and up-to-date information. The use of CORRA also promotes greater transparency and fairness in the market.
Pricing financial products and instruments
Determining interest rates for loans and mortgages
Calculating returns on investment portfolios
Evaluating the performance of financial investments
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