Cdor to corra

cdor to corra

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Diversity, Equity, Inclusion and Belonging.

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End of CARR�s Stage 1 Transition from CDOR to CORRA
Once CDOR ceases to be published, CARR expects the market to transition to CORRA plus an all- in spread, without the need for a specific spread. The transition away from CDOR to CORRA, and Term CORRA (if applicable), is being guided and supported by the Canadian Alternative Reference Rate. CDOR will cease being published after June 28, ; CORRA is now used in credit agreements with certain trends developing in its use.
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Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Establish a new product strategy Reassess your investment strategy and cash management approach in light of product developments in the market and evolving practices enabled by new technologies. These recommendations are intended to align Canadian lending practices with the practices adopted in other jurisdictions, consistent with recent global benchmark reform initiatives.