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CARR's allowable use cases for Term CORRA - finalized.FB4-32/2023E-PDF

"The goal of limiting Term CORRA's use to only those products that truly need it is to help ensure that the size of the marketing referencing Term CORRA is appropriate to the size of the market used to determine Term CORRA (i.e., managing the "inverse pyramid" issue). To this end, the use of Term CORRA will only be allowed as a reference rate for business loans, as well as any derivatives associated with such business loans"--Page 1.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.928817&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleCARR's allowable use cases for Term CORRA - finalized.
Publication typeMonograph
Language[English]
Other language editions[French]
FormatDigital text
Electronic document
Note(s)
  • Caption title.
  • Issued also in French under title: Cas d'utilisation du taux CORRA à terme permis par le Groupe de travail sur le TARCOM - version finale.
Publishing information
  • [Ottawa] : Canadian Alternative Reference Rate Working Group, 29 August 2023.
Description1 online resource (5 pages)
Catalogue number
  • FB4-32/2023E-PDF
Subject terms
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