As of 15 Sep 2026 | Daily (Canadian overnight repo market rate)
Mean
2.39%
Median
2.26%
Min
0.10% 31 Dec 2021
Max
6.02% 30 Oct 1998
Date
Rate
15 Sep 2026
2.29
31 Aug 2026
2.27
31 Jul 2026
2.37
30 Jun 2026
2.34
29 May 2026
2.25
30 Apr 2026
2.30
31 Mar 2026
2.27
27 Feb 2026
2.29
30 Jan 2026
2.30
31 Dec 2025
2.30
28 Nov 2025
2.25
31 Oct 2025
2.35
29 Sep 2025
2.56
29 Aug 2025
2.77
31 Jul 2025
2.76
30 Jun 2025
2.75
30 May 2025
2.76
30 Apr 2025
2.77
31 Mar 2025
2.77
28 Feb 2025
3.00
31 Jan 2025
3.05
31 Dec 2024
3.32
29 Nov 2024
3.78
31 Oct 2024
3.84
About CORRA
CORRA is the Canadian Overnight Repo Rate Average (Valet AVG.INTWO). Current: 2.29% on 15 Sep 2026. Canada’s risk-free overnight rate; the Bank of Canada publishes it and does not set it.
Chart and long-run stats use month-ends; the headline is the latest daily print. From 28 Aug 1997 to 15 Sep 2026 (350 months): mean 2.39%, median 2.26%; low 0.10% (31 Dec 2021), high 6.02% (30 Oct 1998). Not the overnight rate target, and not a mortgage or deposit rate.
CORRA, the Canadian Overnight Repo Rate Average, is the risk-free overnight benchmark for the Canadian dollar, calculated from repo transactions in Government of Canada securities. The Bank of Canada publishes it from its Valet API as series AVG.INTWO; history here begins in 1997. The Bank does not set CORRA — it is a market rate — so it moves with overnight funding conditions and is not stepped. It is distinct from the Bank's overnight rate target, which is a policy setting.
The headline is the latest daily print, while the chart and long-run statistics use month-ends. Read the value with its as-of date, then the "versus the previous reading" line for the most recent move. Mean, median, low and high summarise the observations in this build and are not official figures. Chart and Table show the same data in two forms, the range buttons only filter what is drawn, and Explore adds zoom and pan only when requested. CORRA is a benchmark rate, not the overnight target and not a mortgage or deposit rate.
About this desk
Germany has no separate policy rate in this build. The Germany desk therefore leads with the ECB deposit facility rate, the euro-area policy rate set by the ECB Governing Council, then €STR, the euro overnight market benchmark. UK, US and other official rates follow. Germany is in the euro area, so its monetary policy is set in Frankfurt; inventing a Bundesbank policy series would misrepresent the data, and the desk does not do that.
France and Italy share the same two ECB series, and the /ea/ desk is their natural home. The figures are read from the ECB Data Portal and republished with attribution under the ESCB statistics reuse policy. Every desk shows the same set in a different order, so switching desks changes the menu, not the numbers. The build ingests no German retail rate series, so none is shown. This is not financial advice.