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KM Financial Solutions | UPDATE 1-Bank of Canada to take over administration of reference rate for swaps
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UPDATE 1-Bank of Canada to take over administration of reference rate for swaps

15 Jul UPDATE 1-Bank of Canada to take over administration of reference rate for swaps

Posted at 16:25h in News by
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The Bank of Canada announced on
Tuesday its intention to become the administrator of the
Canadian Overnight Repo Rate Average (CORRA), a reference rate
for financial market transactions, when enhancements to
CORRA take effect next year.

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