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
Italy has no separate policy rate here. The Italy desk leads with the ECB deposit facility rate and €STR, the shared euro-area policy and overnight market series, then UK and US rates. Italy's monetary policy is set by the ECB Governing Council, so the desk uses the euro-area series rather than a Banca d'Italia policy rate that would misrepresent the framework.
Germany, France, Ireland and the /ea/ desk carry the same two ECB series. The figures come from the ECB Data Portal and are republished with attribution under the ESCB statistics reuse policy. Every desk shows the same series in a different order, so switching desks changes the menu and wording, not the numbers. The build ingests no Italian retail rate series, so none is shown. This is not financial advice, and readings may lag their source.