Overnight Repo Rate Avg

Canadian Overnight Repo Rate Avg

The Canadian Overnight Repo Rate (CORRA) is the weighted average of the repo transactions reported for the overnight session. Overnight repos are repurchase agreements where financial institutions sell securities to other institutions where the seller agrees to 're-purchase' the securities back at an agreed-upon price the next day.

Date	Value	Previous	Change
May 14, 2012	0.9978	0.9980	-0.02 bps
May 11, 2012	0.9980	0.9938	+0.42 bps
May 10, 2012	0.9938	0.9980	-0.42 bps
May 9, 2012	0.9980	1.0026	-0.46 bps
May 8, 2012	1.0026	1.0146	-1.20 bps
May 7, 2012	1.0146	1.0001	+1.45 bps
May 4, 2012	1.0001	1.0062	-0.61 bps
May 3, 2012	1.0062	1.0152	-0.90 bps
May 2, 2012	1.0152	1.0179	-0.27 bps
May 1, 2012	1.0179	1.0597	-4.18 bps