Alternative Rates Note - CARR - June 25, 2018
July 17, 2018 . I. NTRODUCTION. The mandate of CARR is to help identify and seek to develop a new term risk-free Canadian dollar interest rate benchmark, as well as reviewing and enhancing the existing overnight risk-free rate benchmark (Canadian Overnight Repo Rate Average or CORRA). To undertake this work, CARR created two initial subgroups: The ................
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