Benchmarks

Canadian Interest Rate Benchmark

We serve as the preferred provider and administrator for the primary benchmark indicating interest rates applied by Canadian banks for short-term borrowing.
Our role was assigned by a collaborative committee from the Canadian Bankers Association and the Investment Industry Association of Canada to manage, disseminate, and oversee the Canadian Dollar Offered Rate (CDOR), which is a critical rate for bankers’ acceptances in Canada.
Their choice of our services highlights our esteemed global standing as a reliable, neutral provider of precise and timely pricing and reference data for diverse assets and regions.
Our benchmark for Canadian interest rates is managed by our Benchmarks Services (UK) Limited (‘RBSL’).
RBSL adheres to the benchmark regulations set by the Canadian Securities Administrators in the management of CDOR.

FEATURES & BENEFITS

We are the preferred provider and overseer for the official benchmark that represents the interest rates imposed by Canadian banks on short-term loans.
We were chosen by a joint committee from the Canadian Bankers Association and the Investment Industry Association of Canada to manage, distribute, and oversee the Canadian Dollar Offered Rate (CDOR), a crucial bankers’ acceptance rate in the Canadian financial and banking sector.
Their selection of our services highlights our international reputation as a reliable, independent provider of precise and up-to-date pricing and reference data across various assets and regions.
Our Canadian interest rate benchmark is managed by our Benchmarks Services (UK) Limited (‘RBSL’).
RBSL adheres to the benchmark rule set by the Canadian Securities Administrators in the administration of CDOR.