CAD Swap Rates Today: Current & Historic CORRA Swaps
Current semi-annual CORRA swap rates – daily updates on Canadian interest rate swaps.
Last update:
| Tenor | Live | Yesterday16 Jul 2026 | 1 week ago08 Jul 2026 | 1 month ago15 Jun 2026 | 1 year ago15 Jul 2025 |
|---|---|---|---|---|---|
| 1M | 2.28% | 2.27% | 2.27% | 2.75% | |
| 3M | 2.29% | 2.29% | 2.28% | 2.73% | |
| 2 Year | 2.75% | 2.76% | 2.66% | 2.69% | |
| 3 Year | 2.87% | 2.87% | 2.77% | 2.76% | |
| 4 Year | 2.94% | 2.94% | 2.82% | 2.84% | |
| 5 Year | 2.99% | 3.00% | 2.87% | 2.92% | |
| 7 Year | 3.11% | 3.12% | 2.99% | 3.08% | |
| 10 Year | 3.30% | 3.31% | 3.18% | 3.29% | |
| 15 Year | 3.53% | 3.53% | 3.41% | 3.54% | |
| 20 Year | 3.66% | 3.65% | 3.53% | 3.62% | |
| 30 Year | 3.64% | 3.63% | 3.51% | 3.54% | |
Rates built from interdealer broker and exchange quotes. Read how we build these rates.
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See today's live CORRA rates & the full forward curve
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// Excel: live CORRA swap rate in a cell =BlueGamma.SWAP_RATE("CORRA", start_date, maturity_date, "1Y") # API: the same rate, one GET away GET api.bluegamma.io/v1/swap_rate ?index=CORRA&start_date=2D&maturity_date=5Y x-api-key: your_api_key
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Current CORRA rate
Access the latest CORRA rate.
| Index | Rate |
|---|---|
| BOC Target for the Overnight Rate | 2.25000% |
| CORRA | 2.31000% |
| 1M Term CORRA | 2.27624% |
| 3M Term CORRA | 2.29006% |
FAQs
CORRA (the Canadian Overnight Repo Rate Average) is Canada's risk-free overnight rate, published daily by the Bank of Canada from repo transactions. It replaced CDOR as the reference rate for CAD swaps.
The table above shows current CAD CORRA swap rates by tenor, updated daily. Live rates for every tenor are available in the BlueGamma app.
More on CORRA
CORRA Forward Curve
Where the market prices CORRA going next: the full CAD forward curve.
Compounded CORRA Calculator
Compounded CORRA between any two dates, for loan interest and accruals.
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