CORRA

(CORRA)
Observations
Oct 2026: 2.29
Updated: 2026-10-09, 6:18:49 a.m. ET
Units
Percent,
Canadian Overnight Repo Rate Average, daily
Frequency
Daily
Source
Bank of Canada, Valet
Series ID
CORRA
Valet AVG.INTWO
CREDCORRA
COVID-19 recessionGlobal Financial Crisis01234561997200020032006200920122015201820212024Percent1997-08-12: 3.251997-09-12: 3.27691997-10-08: 3.521997-11-04: 3.68691997-12-01: 4.01681997-12-30: 4.33241998-01-26: 4.351998-02-19: 4.81051998-03-17: 4.66711998-04-14: 4.791998-05-11: 4.751998-06-05: 4.71771998-07-02: 4.88331998-07-28: 4.7791998-08-24: 4.67351998-09-18: 5.72041998-10-15: 5.68461998-11-10: 5.25061998-12-07: 5.02741999-01-05: 5.01551999-01-29: 5.2141999-02-24: 5.021999-03-22: 5.02511999-04-16: 4.83911999-05-12: 4.56531999-06-08: 4.56961999-07-05: 4.6431999-07-29: 4.7191999-08-25: 4.62481999-09-21: 4.59081999-10-18: 4.69411999-11-12: 4.66331999-12-08: 4.78362000-01-06: 4.772000-02-01: 4.90512000-02-25: 4.97782000-03-22: 5.26942000-04-17: 5.28172000-05-12: 5.26262000-06-08: 5.752000-07-05: 5.75042000-07-31: 5.76532000-08-25: 5.78372000-09-21: 5.73212000-10-18: 5.76912000-11-14: 5.77212000-12-08: 5.752001-01-08: 5.75052001-02-01: 5.51412001-02-27: 5.49732001-03-23: 4.98272001-04-19: 4.73782001-05-15: 4.76062001-06-11: 4.50462001-07-06: 4.50132001-08-01: 4.25052001-08-28: 4.00942001-09-24: 3.50982001-10-19: 3.50512001-11-15: 2.7672001-12-11: 2.25272002-01-09: 2.26312002-02-04: 2.00432002-02-28: 2.05812002-03-26: 2.01012002-04-22: 2.25532002-05-16: 2.25122002-06-12: 2.50782002-07-09: 2.50572002-08-02: 2.7522002-08-29: 2.76492002-09-25: 2.75382002-10-22: 2.76232002-11-18: 2.7442002-12-12: 2.73442003-01-10: 2.75382003-02-05: 2.74262003-03-03: 2.75052003-03-27: 32003-04-23: 3.2562003-05-20: 3.26562003-06-13: 3.25652003-07-10: 3.26722003-08-06: 3.00762003-09-02: 3.01112003-09-26: 2.75092003-10-23: 2.76322003-11-19: 2.7532003-12-15: 2.74922004-01-13: 2.75662004-02-06: 2.50582004-03-03: 2.2512004-03-29: 2.25362004-04-23: 2.01262004-05-19: 2.01662004-06-15: 2.00242004-07-12: 2.00132004-08-06: 2.00722004-09-01: 2.00992004-09-28: 2.25242004-10-25: 2.50612004-11-19: 2.50342004-12-15: 2.49792005-01-13: 2.50132005-02-08: 2.49172005-03-04: 2.48862005-03-31: 2.4962005-04-26: 2.49832005-05-20: 2.48962005-06-16: 2.48372005-07-13: 2.46712005-08-09: 2.482005-09-02: 2.46042005-09-29: 2.7352005-10-26: 2.96592005-11-22: 2.95362005-12-16: 3.22922006-01-16: 3.22692006-02-09: 3.45952006-03-07: 3.46712006-03-31: 3.73862006-04-27: 3.99992006-05-24: 4.21852006-06-19: 4.22312006-07-14: 4.24352006-08-10: 4.21932006-09-06: 4.252006-10-02: 4.24712006-10-27: 4.20762006-11-23: 4.26422006-12-19: 4.26342007-01-17: 4.23472007-02-12: 4.21582007-03-08: 4.22532007-04-03: 4.25222007-04-30: 4.28762007-05-25: 4.23172007-06-20: 4.25422007-07-17: 4.51622007-08-13: 4.51332007-09-07: 4.41852007-10-03: 4.50752007-10-30: 4.52642007-11-26: 4.53112007-12-20: 4.24462008-01-18: 4.25822008-02-13: 3.98892008-03-11: 3.49462008-04-07: 3.49922008-05-01: 3.00962008-05-28: 2.99752008-06-23: 2.98712008-07-18: 3.00112008-08-14: 3.00482008-09-10: 3.00932008-10-06: 2.92262008-10-31: 2.27522008-11-27: 2.25182008-12-23: 1.49342009-01-21: 1.01092009-02-17: 0.99362009-03-13: 0.48832009-04-08: 0.47912009-05-05: 0.22982009-06-01: 0.25772009-06-25: 0.23952009-07-22: 0.23252009-08-18: 0.23212009-09-14: 0.23352009-10-08: 0.23652009-11-04: 0.24232009-12-01: 0.26722009-12-29: 0.25052010-01-25: 0.23882010-02-19: 0.24872010-03-17: 0.2292010-04-13: 0.24982010-05-07: 0.24672010-06-03: 0.48632010-06-29: 0.49042010-07-26: 0.75262010-08-20: 0.75322010-09-16: 0.99832010-10-13: 0.99742010-11-08: 0.99212010-12-03: 0.99712010-12-31: 0.97022011-01-27: 0.97952011-02-23: 0.98252011-03-21: 0.9992011-04-14: 0.99792011-05-11: 0.98652011-06-07: 0.99772011-07-04: 1.00752011-07-28: 0.98392011-08-24: 12011-09-20: 0.99722011-10-17: 1.0032011-11-10: 1.00362011-12-07: 0.9992012-01-05: 12012-01-31: 0.98072012-02-27: 0.992012-03-22: 12012-04-18: 1.02582012-05-14: 0.99782012-06-08: 1.00882012-07-05: 1.00682012-07-31: 0.98792012-08-27: 1.01352012-09-21: 1.00242012-10-18: 1.00982012-11-14: 1.01712012-12-10: 1.02052013-01-08: 12013-02-01: 1.0192013-02-28: 1.01832013-03-26: 1.02212013-04-22: 1.00762013-05-16: 1.01262013-06-12: 1.01842013-07-09: 1.00872013-08-02: 1.0152013-08-29: 0.99852013-09-25: 12013-10-22: 0.9942013-11-18: 1.01662013-12-12: 0.99652014-01-10: 0.99972014-02-05: 1.00262014-03-04: 0.99162014-03-28: 1.00032014-04-24: 0.99812014-05-21: 1.00052014-06-16: 1.01222014-07-11: 0.99722014-08-07: 12014-09-03: 0.9972014-09-29: 1.00462014-10-24: 1.01722014-11-20: 1.01632014-12-16: 1.00572015-01-14: 12015-02-09: 0.77622015-03-06: 0.71882015-04-01: 0.80312015-04-28: 0.73252015-05-25: 0.70062015-06-18: 0.73532015-07-15: 0.4932015-08-11: 0.49232015-09-04: 0.51672015-10-01: 0.52792015-10-28: 0.52962015-11-24: 0.49192015-12-18: 0.52742016-01-18: 0.51382016-02-11: 0.51352016-03-09: 0.49752016-04-05: 0.52422016-04-29: 0.5242016-05-26: 0.51792016-06-21: 0.52062016-07-18: 0.54232016-08-12: 0.50332016-09-08: 0.50752016-10-04: 0.51812016-10-31: 0.52172016-11-25: 0.48412016-12-21: 0.50072017-01-19: 0.4852017-02-14: 0.48912017-03-13: 0.45522017-04-06: 0.51872017-05-03: 0.4932017-05-30: 0.49192017-06-23: 0.48112017-07-20: 0.7432017-08-16: 0.75082017-09-12: 1.0012017-10-06: 12017-11-02: 1.02212017-11-29: 0.972017-12-27: 1.01872018-01-23: 1.22142018-02-16: 1.24632018-03-15: 1.20912018-04-11: 1.22172018-05-07: 1.25622018-06-01: 1.30452018-06-27: 1.26382018-07-24: 1.49272018-08-20: 1.47752018-09-14: 1.50932018-10-11: 1.50062018-11-06: 1.75092018-12-03: 1.75612018-12-31: 1.81872019-01-25: 1.75142019-02-21: 1.74392019-03-19: 1.73752019-04-12: 1.7552019-05-09: 1.73122019-06-05: 1.73412019-07-02: 1.75982019-07-26: 1.77632019-08-22: 1.74482019-09-18: 1.74822019-10-15: 1.75722019-11-08: 1.7462019-12-05: 1.74842020-01-03: 1.76452020-01-29: 1.74342020-02-25: 1.74992020-03-20: 0.78382020-04-16: 0.20152020-05-12: 0.20472020-06-08: 0.21322020-07-03: 0.222020-07-29: 0.232020-08-25: 0.232020-09-21: 0.232020-10-16: 0.222020-11-12: 0.182020-12-08: 0.212021-01-06: 0.22021-02-01: 0.192021-02-26: 0.182021-03-24: 0.152021-04-20: 0.172021-05-14: 0.22021-06-10: 0.182021-07-07: 0.172021-08-03: 0.182021-08-27: 0.22021-09-23: 0.172021-10-21: 0.182021-11-17: 0.182021-12-13: 0.052022-01-11: 0.182022-02-04: 0.132022-03-03: 0.432022-03-29: 0.452022-04-25: 0.922022-05-19: 0.962022-06-15: 1.462022-07-12: 1.462022-08-08: 2.522022-09-01: 2.52022-09-28: 3.252022-10-26: 3.252022-11-22: 3.762022-12-16: 4.272023-01-16: 4.252023-02-09: 4.512023-03-08: 4.52023-04-03: 4.52023-04-28: 4.52023-05-25: 4.52023-06-20: 4.752023-07-17: 52023-08-11: 52023-09-07: 5.012023-10-04: 52023-10-31: 5.052023-11-27: 5.042023-12-21: 5.042024-01-19: 5.052024-02-14: 5.042024-03-12: 5.012024-04-08: 52024-05-02: 5.012024-05-29: 5.022024-06-24: 4.782024-07-19: 4.82024-08-15: 4.532024-09-11: 4.32024-10-08: 4.32024-11-04: 3.812024-11-29: 3.782024-12-27: 3.312025-01-23: 3.292025-02-19: 32025-03-17: 2.782025-04-10: 2.762025-05-07: 2.752025-06-03: 2.762025-06-27: 2.752025-07-24: 2.752025-08-20: 2.762025-09-16: 2.822025-10-14: 2.522025-11-07: 2.272025-12-04: 2.252026-01-02: 2.292026-01-28: 2.272026-02-24: 2.272026-03-20: 2.32026-04-16: 2.312026-05-12: 2.252026-06-08: 2.262026-07-03: 2.312026-07-29: 2.312026-08-25: 2.252026-09-21: 2.29
Source: Bank of Canada, Valet via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Notes

Units: Percent, Canadian Overnight Repo Rate Average, daily

Frequency: Daily

Notes: The Canadian Overnight Repo Rate Average, a transaction-based measure of the cost of overnight repo funding secured by Government of Canada securities. It serves as Canada's risk-free reference rate for Canadian-dollar derivatives and floating-rate products. Published daily by the Bank of Canada.

Suggested Citation: Bank of Canada, CORRA CORRA, retrieved from CRED, Canadian Research Economic Data; https://cred.nshipyard.com/series/CORRA, October 9, 2026.

Release Tables

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Data Suggestions Based On Your Search

CREDBank of Canada Policy Interest Rate
COVID-19 recession00.511.522.533.544.555.5201620182020202220242026Percent2016-10-01: 0.52016-11-01: 0.52016-12-01: 0.52017-01-01: 0.52017-02-01: 0.52017-03-01: 0.52017-04-01: 0.52017-05-01: 0.52017-06-01: 0.52017-07-01: 0.752017-08-01: 0.752017-09-01: 12017-10-01: 12017-11-01: 12017-12-01: 12018-01-01: 1.252018-02-01: 1.252018-03-01: 1.252018-04-01: 1.252018-05-01: 1.252018-06-01: 1.252018-07-01: 1.52018-08-01: 1.52018-09-01: 1.52018-10-01: 1.752018-11-01: 1.752018-12-01: 1.752019-01-01: 1.752019-02-01: 1.752019-03-01: 1.752019-04-01: 1.752019-05-01: 1.752019-06-01: 1.752019-07-01: 1.752019-08-01: 1.752019-09-01: 1.752019-10-01: 1.752019-11-01: 1.752019-12-01: 1.752020-01-01: 1.752020-02-01: 1.752020-03-01: 0.252020-04-01: 0.252020-05-01: 0.252020-06-01: 0.252020-07-01: 0.252020-08-01: 0.252020-09-01: 0.252020-10-01: 0.252020-11-01: 0.252020-12-01: 0.252021-01-01: 0.252021-02-01: 0.252021-03-01: 0.252021-04-01: 0.252021-05-01: 0.252021-06-01: 0.252021-07-01: 0.252021-08-01: 0.252021-09-01: 0.252021-10-01: 0.252021-11-01: 0.252021-12-01: 0.252022-01-01: 0.252022-02-01: 0.252022-03-01: 0.52022-04-01: 12022-05-01: 12022-06-01: 1.52022-07-01: 2.52022-08-01: 2.52022-09-01: 3.252022-10-01: 3.752022-11-01: 3.752022-12-01: 4.252023-01-01: 4.52023-02-01: 4.52023-03-01: 4.52023-04-01: 4.52023-05-01: 4.52023-06-01: 4.752023-07-01: 52023-08-01: 52023-09-01: 52023-10-01: 52023-11-01: 52023-12-01: 52024-01-01: 52024-02-01: 52024-03-01: 52024-04-01: 52024-05-01: 52024-06-01: 4.752024-07-01: 4.52024-08-01: 4.52024-09-01: 4.252024-10-01: 3.752024-11-01: 3.752024-12-01: 3.252025-01-01: 32025-02-01: 32025-03-01: 2.752025-04-01: 2.752025-05-01: 2.752025-06-01: 2.752025-07-01: 2.752025-08-01: 2.752025-09-01: 2.52025-10-01: 2.252025-11-01: 2.252025-12-01: 2.252026-01-01: 2.252026-02-01: 2.252026-03-01: 2.252026-04-01: 2.252026-05-01: 2.252026-06-01: 2.252026-07-01: 2.252026-08-01: 2.252026-09-01: 2.25
Source: Bank of Canada, Valet via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Bank of Canada Policy Interest Rate

CREDOvernight Money Market Rate
COVID-19 recession00.511.522.533.544.555.5201620182020202220242026Percent2016-10-01: 0.48832016-11-01: 0.48932016-12-01: 0.49362017-01-01: 0.48852017-02-01: 0.48872017-03-01: 0.50032017-04-01: 0.49532017-05-01: 0.48862017-06-01: 0.49412017-07-01: 0.74142017-08-01: 0.74732017-09-01: 0.99412017-10-01: 0.99552017-11-01: 0.99162017-12-01: 0.9972018-01-01: 1.24612018-02-01: 1.23672018-03-01: 1.24572018-04-01: 1.24612018-05-01: 1.24342018-06-01: 1.24642018-07-01: 1.49482018-08-01: 1.49612018-09-01: 1.49792018-10-01: 1.74762018-11-01: 1.74732018-12-01: 1.75162019-01-01: 1.74622019-02-01: 1.74552019-03-01: 1.74612019-04-01: 1.74592019-05-01: 1.7452019-06-01: 1.74292019-07-01: 1.74692019-08-01: 1.74812019-09-01: 1.74542019-10-01: 1.74722019-11-01: 1.74872019-12-01: 1.74792020-01-01: 1.74872020-02-01: 1.74852020-03-01: 0.74062020-04-01: 0.23412020-05-01: 0.23792020-06-01: 0.23272020-07-01: 0.24072020-08-01: 0.23372020-09-01: 0.21812020-10-01: 0.23372020-11-01: 0.23362020-12-01: 0.17412021-01-01: 0.18262021-02-01: 0.21432021-03-01: 0.15292021-04-01: 0.16692021-05-01: 0.18722021-06-01: 0.18732021-07-01: 0.1932021-08-01: 0.20262021-09-01: 0.18242021-10-01: 0.20252021-11-01: 0.20782021-12-01: 0.12742022-01-01: 0.18112022-02-01: 0.17542022-03-01: 0.44032022-04-01: 0.92082022-05-01: 0.94862022-06-01: 1.44792022-07-01: 2.46562022-08-01: 2.48122022-09-01: 3.2132022-10-01: 3.23482022-11-01: 3.74772022-12-01: 4.24982023-01-01: 4.24512023-02-01: 4.47642023-03-01: 4.49682023-04-01: 4.49242023-05-01: 4.49292023-06-01: 4.73632023-07-01: 4.99152023-08-01: 4.9972023-09-01: 4.99062023-10-01: 5.01052023-11-01: 5.01392023-12-01: 5.02182024-01-01: 5.02992024-02-01: 5.00172024-03-01: 5.0052024-04-01: 4.99732024-05-01: 5.00252024-06-01: 4.76352024-07-01: 4.5082024-08-01: 4.51492024-09-01: 4.26622024-10-01: 3.77742024-11-01: 3.75822024-12-01: 3.27692025-01-01: 3.27232025-02-01: 2.9832025-03-01: 2.73852025-04-01: 2.73772025-05-01: 2.74342025-06-01: 2.74412025-07-01: 2.7472025-08-01: 2.75982025-09-01: 2.52792025-10-01: 2.50012025-11-01: 2.23392025-12-01: 2.27112026-01-01: 2.24912026-02-01: 2.24922026-03-01: 2.26492026-04-01: 2.26592026-05-01: 2.24222026-06-01: 2.28752026-07-01: 2.25992026-08-01: 2.23612026-09-01: 2.2789
Source: Bank of Canada, Valet via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Overnight Money Market Rate

CRED2-Year Government of Canada Bond Yield
2.72.82.933.13.23.33.43.52026Percent2026-04-16: 2.82026-04-17: 2.772026-04-20: 2.762026-04-21: 2.842026-04-22: 2.832026-04-23: 2.852026-04-24: 2.822026-04-27: 2.832026-04-28: 2.882026-04-29: 3.032026-04-30: 2.962026-05-01: 2.942026-05-04: 3.052026-05-05: 3.012026-05-06: 2.912026-05-07: 2.942026-05-08: 2.862026-05-11: 2.932026-05-12: 2.972026-05-13: 2.962026-05-14: 2.962026-05-15: 3.072026-05-19: 3.042026-05-20: 2.932026-05-21: 2.912026-05-22: 2.922026-05-25: 2.842026-05-26: 2.842026-05-27: 2.862026-05-28: 2.842026-05-29: 2.772026-06-01: 2.812026-06-02: 2.82026-06-03: 2.812026-06-04: 2.82026-06-05: 2.872026-06-08: 2.872026-06-09: 2.852026-06-10: 2.832026-06-11: 2.772026-06-12: 2.762026-06-15: 2.762026-06-16: 2.752026-06-17: 2.822026-06-18: 2.782026-06-19: 2.782026-06-22: 2.812026-06-23: 2.782026-06-24: 2.732026-06-25: 2.752026-06-26: 2.752026-06-29: 2.732026-06-30: 2.742026-07-02: 2.762026-07-03: 2.752026-07-06: 2.722026-07-07: 2.82026-07-08: 2.852026-07-09: 2.82026-07-10: 2.822026-07-13: 2.882026-07-14: 2.862026-07-15: 2.822026-07-16: 2.832026-07-17: 2.862026-07-20: 2.842026-07-21: 2.822026-07-22: 2.892026-07-23: 2.962026-07-24: 2.92026-07-27: 2.872026-07-28: 2.842026-07-29: 2.852026-07-30: 2.852026-07-31: 2.912026-08-04: 2.832026-08-05: 2.822026-08-06: 2.922026-08-07: 2.962026-08-10: 3.022026-08-11: 3.012026-08-12: 2.982026-08-13: 2.922026-08-14: 2.962026-08-17: 2.972026-08-18: 2.962026-08-19: 2.982026-08-20: 3.022026-08-21: 3.032026-08-24: 2.962026-08-25: 2.92026-08-26: 2.932026-08-27: 2.962026-08-28: 3.012026-08-31: 3.012026-09-01: 3.012026-09-02: 3.112026-09-03: 3.12026-09-04: 3.082026-09-08: 3.132026-09-09: 3.162026-09-10: 3.312026-09-11: 3.352026-09-14: 3.372026-09-15: 3.352026-09-16: 3.352026-09-17: 3.272026-09-18: 3.322026-09-21: 3.292026-09-22: 3.252026-09-23: 3.42026-09-24: 3.392026-09-25: 3.352026-09-28: 3.372026-09-29: 3.372026-10-01: 3.272026-10-02: 3.252026-10-05: 3.262026-10-06: 3.232026-10-07: 3.23
Source: Bank of Canada, Valet via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

2-Year Government of Canada Bond Yield

CRED5-Year Government of Canada Bond Yield
33.13.23.33.43.53.63.72026Percent2026-04-16: 3.12026-04-17: 3.042026-04-20: 3.042026-04-21: 3.12026-04-22: 3.12026-04-23: 3.112026-04-24: 3.072026-04-27: 3.112026-04-28: 3.142026-04-29: 3.262026-04-30: 3.22026-05-01: 3.182026-05-04: 3.272026-05-05: 3.262026-05-06: 3.152026-05-07: 3.182026-05-08: 3.122026-05-11: 3.192026-05-12: 3.242026-05-13: 3.232026-05-14: 3.222026-05-15: 3.362026-05-19: 3.352026-05-20: 3.232026-05-21: 3.192026-05-22: 3.22026-05-25: 3.112026-05-26: 3.122026-05-27: 3.142026-05-28: 3.12026-05-29: 3.052026-06-01: 3.082026-06-02: 3.072026-06-03: 3.082026-06-04: 3.082026-06-05: 3.142026-06-08: 3.182026-06-09: 3.152026-06-10: 3.132026-06-11: 3.052026-06-12: 3.042026-06-15: 3.042026-06-16: 3.032026-06-17: 3.082026-06-18: 3.042026-06-19: 3.042026-06-22: 3.092026-06-23: 3.062026-06-24: 2.992026-06-25: 3.022026-06-26: 3.022026-06-29: 32026-06-30: 3.012026-07-02: 3.062026-07-03: 3.062026-07-06: 3.032026-07-07: 3.112026-07-08: 3.182026-07-09: 3.122026-07-10: 3.132026-07-13: 3.192026-07-14: 3.182026-07-15: 3.142026-07-16: 3.152026-07-17: 3.182026-07-20: 3.182026-07-21: 3.162026-07-22: 3.222026-07-23: 3.282026-07-24: 3.222026-07-27: 3.192026-07-28: 3.162026-07-29: 3.192026-07-30: 3.192026-07-31: 3.272026-08-04: 3.172026-08-05: 3.172026-08-06: 3.222026-08-07: 3.262026-08-10: 3.342026-08-11: 3.322026-08-12: 3.32026-08-13: 3.232026-08-14: 3.282026-08-17: 3.312026-08-18: 3.292026-08-19: 3.32026-08-20: 3.352026-08-21: 3.362026-08-24: 3.282026-08-25: 3.222026-08-26: 3.262026-08-27: 3.32026-08-28: 3.342026-08-31: 3.332026-09-01: 3.352026-09-02: 3.422026-09-03: 3.412026-09-04: 3.42026-09-08: 3.442026-09-09: 3.482026-09-10: 3.632026-09-11: 3.652026-09-14: 3.652026-09-15: 3.652026-09-16: 3.642026-09-17: 3.542026-09-18: 3.592026-09-21: 3.572026-09-22: 3.542026-09-23: 3.692026-09-24: 3.692026-09-25: 3.652026-09-28: 3.682026-09-29: 3.692026-10-01: 3.622026-10-02: 3.62026-10-05: 3.632026-10-06: 3.592026-10-07: 3.6
Source: Bank of Canada, Valet via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

5-Year Government of Canada Bond Yield

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