CORRA Forward Curve: Today’s Market-Implied Path
The 3M compounded CORRA forward curve, bootstrapped from live CAD swap quotes and refreshed through the trading day. Chart it, read the year-by-year forecast, or take the whole grid to Excel.
Last update:
3M CORRA forward curve · year-end forwards
| Date | Forward Rate |
|---|---|
| 31 Dec 2026 | 2.63% |
| 31 Dec 2027 | 3.22% |
| 31 Dec 2028 | 3.36% |
| 31 Dec 2029 | 3.40% |
| 31 Dec 2030 | |
| 31 Dec 2031 | |
Curves bootstrapped from live interdealer swap quotes. Read how we build these curves.
Unlock the full curve
Get the complete CORRA forward curve in Excel
- Every forward, out to the longest quoted tenor
- One-click download to Excel
- Excel Add-in & API access
- Curves for 30+ currencies, refreshed all day
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“We stopped chasing the bank for a mid. BlueGamma is our curve of record now.”
The CORRA forward curve in Excel & API
If you’re copying this curve into a model more than once a month, you don’t need a download, you need a feed. One function per forward period, always current, straight into your model.
// Excel: any CORRA forward period in a cell =BlueGamma.FORWARD_RATE("CORRA", start_date, end_date) # API: the same rate, one GET away GET api.bluegamma.io/v1/forward_rate ?index=CORRA&start_date=2027-06-30&end_date=3M x-api-key: your_api_key
The curve prices your float. The desk quotes a par rate.
When you fix, the bank quotes one number for the whole term. Check it against an independent CORRA mid before you sign: the difference is their margin.
The curve is the forecast. The fixing is what actually printed.
Every point on this curve is the market's guess at future CORRA fixings. The fixing page is the scoreboard — today's official print, the day-over-day move, and the daily history.
CAD · O/N · CORRA
2.25%▼ 1 bp · 1d
as of
trusted by
What is the CORRA Rate?
CORRA stands for Canadian Overnight Repo Rate Average. It is the risk-free overnight interest rate published by the Bank of Canada, based on actual repo transactions.
CORRA is now the primary benchmark rate for Canadian dollar derivatives and floating-rate instruments, replacing CDOR in most markets.
Term CORRA vs Compounded CORRA
Compounded CORRA is calculated by compounding daily CORRA fixings over a given period (e.g., 3 months).
Term CORRA is a forward-looking benchmark published by CanDeal Benchmark Solutions.
While we do not publish official Term CORRA, our forward curves provide estimated 1M, 3M and 6M rates based on current market data. View Term CORRA from CanDeal.
FAQs
Quotes stream straight from tier-one inter-dealer brokers and exchanges. We sanity-check every feed before building the curve.
Yes. Pick any valuation date (and even time) and download the historical curve to Excel.
Curves update intraday from live swap quotes; the Excel download is built on the very latest ticks the moment you hit Download.
SOFR, SONIA, EURIBOR, CORRA, BBSY, STIBOR, NIBOR, JIBAR and 30-plus others — all forward curves and discount factors.
Yes. Pull curves via a REST API or use the Excel function =BLUEGAMMA(). Same numbers everywhere, no manual uploads.
Absolutely. Load any swap (fixed-for-floating, amortising or bullet), drop in the notional schedule and get a mark-to-market in minutes — or roll the clock back for historic pricing.
Most free forward curves are published once a month as a static chart. BlueGamma rebuilds the CORRA curve from live swap quotes throughout the trading day, shows the dated values rather than a picture, and lets you download the full grid to Excel during a free trial.
More on CORRA rates
CORRA Swap Rates
Today's CAD CORRA swap rates across the tenor grid, with history.
Compounded CORRA
Daily and period-compounded CORRA rates for floating-leg calculations.
Forward curve basics
How forward curves are built, read and used in models.
Pull a curve into Excel
How to pull a forward curve directly into a spreadsheet, step by step.
More from BlueGamma
Or browse the full forward curve catalogue, covering every curve we publish.