Canadian Interest Rate Benchmark

An overview of Canadian Interest Rate Benchmark

We are the provider of choice and administrator for the official benchmark representing interest rates charged by Canadian banks for short-term loans.

We were appointed by a joint committee of the Canadian Bankers Association and the Investment Industry Association of Canada to calculate, distribute and administer the Canadian Dollar Offered Rate (CDOR), a Canadian bankers’ acceptance rate that is essential to the Canadian banking and financial system.

Their selection of us is a testament to our global reputation as a trusted, independent, unbiased provider of accurate and current pricing and reference data for a wide range of assets and geographies.

Our Canadian interest rate benchmark is administered by our Benchmarks Services (UK) Limited (‘RBSL’).

RBSL complies with the Canadian Securities Administrators’ benchmark rule in the administration of CDOR.


Key Facts 

  • Geographical coverage
  • History
    From 1989
  • Data format
    User Interface
  • Delivery mechanism
  • Data frequency

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Features & Benefits

What you get with Canadian Interest Rate Benchmark

  • Canadian Dollar Offered Rate (CDOR) - The rate at which banks are willing to lend to companies.
  • Real-time rates - Data at the time of publication up to, but not including, 4pm ET on the day.
  • Embargoed rates - Embargoed data is free of charge and made available from 4pm ET.

How it works

Accessing the dataset

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