{"series":{"id":"corra-index","label":"CORRA Compounded Index","description":"Cumulative CORRA compounding from a base of 100 on June 12, 2020. Divide two index values to get CORRA compounded between their dates.","unit":"index","frequency":"daily","category":"corra","citation":"Source: Bank of Canada (Valet series CORRA.COMPOUNDED.INDEX)","derived":false,"formula":null,"first_date":"2020-06-12","latest":{"date":"2026-10-02","value":117.33036864},"csv_url":"https://data.spheracredit.com/api/v1/series/corra-index.csv","methodology":{"source":"Bank of Canada, Valet series CORRA.COMPOUNDED.INDEX (\"CORRA Compounded Index\").","definition":"\"A measure of the cumulative impact of CORRA compounding over time, starting from a base value of 100 on June 12, 2020.\" Dividing two index values gives CORRA compounded between their dates.","calculation":"Published as is by the source. Sphera Credit does not transform the values. The Bank sets Index(i) = Index(i-1) * (1 + CORRA(i-1) * d(i-1) / 365), where CORRA(i-1) is CORRA for the previous business day and d(i-1) is the number of calendar days that rate applies to (for example 3 for a Friday rate over a weekend). The index has eight decimal places.","timing":"Published every business day at 11:30 ET, after CORRA is final. The value for a business day is published on that day and includes CORRA up to the previous business day.","caveats":["The Bank provides the index for informational purposes only."],"references":[{"title":"Bank of Canada: CORRA Compounded Index methodology and usage","url":"https://www.bankofcanada.ca/rates/interest-rates/corra/methodology-calculating-corra/#index"},{"title":"Bank of Canada Valet series CORRA.COMPOUNDED.INDEX","url":"https://www.bankofcanada.ca/valet/series/CORRA.COMPOUNDED.INDEX/json"}]}},"observations":[["2020-06-12",100],["2020-06-15",100.0019726],["2020-06-16",100.00257535],["2020-06-17",100.00320551],["2020-06-18",100.00386306],["2020-06-19",100.00449322],["2020-06-22",100.00654811],["2020-06-23",100.00723309],["2020-06-24",100.00791807],["2020-06-25",100.00860305],["2020-06-26",100.00928804],["2020-06-29",100.01134303],["2020-06-30",100.01202804],["2020-07-02",100.01339807],["2020-07-03",100.01408309],["2020-07-06",100.01589156],["2020-07-07",100.0164944],["2020-07-08",100.01717944],["2020-07-09",100.01786449],["2020-07-10",100.01854955],["2020-07-13",100.02060472],["2020-07-14",100.02123499],["2020-07-15",100.02192007],["2020-07-16",100.02260515],["2020-07-17",100.02329023],["2020-07-20",100.02534551],["2020-07-21",100.02603061],["2020-07-22",100.02671572],["2020-07-23",100.02740084],["2020-07-24",100.02808596],["2020-07-27",100.03014133],["2020-07-28",100.03082647],["2020-07-29",100.03151161],["2020-07-30",100.03214194],["2020-07-31",100.03277228],["2020-08-04",100.03551291],["2020-08-05",100.03614327],["2020-08-06",100.03677363],["2020-08-07",100.03745882],["2020-08-10",100.03934994],["2020-08-11",100.04003514],["2020-08-12",100.04066553],["2020-08-13",100.04129592],["2020-08-14",100.04192632],["2020-08-17",100.04381752],["2020-08-18",100.04444793],["2020-08-19",100.04507835],["2020-08-20",100.04576359],["2020-08-21",100.04639402],["2020-08-24",100.0482853],["2020-08-25",100.04891574],["2020-08-26",100.04954619],["2020-08-27",100.05017664],["2020-08-28",100.05086191],["2020-08-31",100.05291775],["2020-09-01",100.05360305],["2020-09-02",100.05426093],["2020-09-03",100.05494624],["2020-09-04",100.05557672],["2020-09-08",100.05831797],["2020-09-09",100.05894847],["2020-09-10",100.05957898],["2020-09-11",100.06020949],["2020-09-14",100.06210104],["2020-09-15",100.06273157],["2020-09-16",100.06341693],["2020-09-17",100.0641023],["2020-09-18",100.06473284],["2020-09-21",100.06662448],["2020-09-22",100.06725503],["2020-09-23",100.06788559],["2020-09-24",100.06857099],["2020-09-25",100.06925639],["2020-09-28",100.07131261],["2020-09-29",100.07191578],["2020-09-30",100.07254637],["2020-10-01",100.07312213],["2020-10-02",100.07372531],["2020-10-05",100.07578162],["2020-10-06",100.07641223],["2020-10-07",100.07709769],["2020-10-08",100.07778315],["2020-10-09",100.07833152],["2020-10-13",100.08063469],["2020-10-14",100.08123792],["2020-10-15",100.08181373],["2020-10-16",100.08249922],["2020-10-19",100.08430893],["2020-10-20",100.08499444],["2020-10-21",100.08562511],["2020-10-22",100.08622837],["2020-10-23",100.08683163],["2020-10-26",100.08855915],["2020-10-27",100.08916243],["2020-10-28",100.0897657],["2020-10-29",100.0903964],["2020-10-30",100.09102711],["2020-11-02",100.09283698],["2020-11-03",100.09338543],["2020-11-04",100.09393389],["2020-11-05",100.09450977],["2020-11-06",100.09511308],["2020-11-09",100.09675848],["2020-11-10",100.09730695],["2020-11-12",100.09834906],["2020-11-13",100.0988427],["2020-11-16",100.10048816],["2020-11-17",100.10103666],["2020-11-18",100.10161258],["2020-11-19",100.10221593],["2020-11-20",100.10279186],["2020-11-23",100.10460194],["2020-11-24",100.10515046],["2020-11-25",100.10578126],["2020-11-26",100.10638463],["2020-11-27",100.10696059],["2020-11-30",100.10877074],["2020-12-01",100.10940157],["2020-12-02",100.10997754],["2020-12-03",100.11058094],["2020-12-04",100.11112949],["2020-12-07",100.11285744],["2020-12-08",100.113406],["2020-12-09",100.11398199],["2020-12-10",100.11455799],["2020-12-11",100.11513399],["2020-12-14",100.11677972],["2020-12-15",100.11732831],["2020-12-16",100.1178769],["2020-12-17",100.11842549],["2020-12-18",100.11897408],["2020-12-21",100.12061987],["2020-12-22",100.12116848],["2020-12-23",100.12171709],["2020-12-24",100.1222657],["2020-12-29",100.12500878],["2020-12-30",100.12555741],["2020-12-31",100.12610604],["2021-01-04",100.12830058],["2021-01-05",100.12884923],["2021-01-06",100.12939788],["2021-01-07",100.12994654],["2021-01-08",100.13049519],["2021-01-11",100.13214118],["2021-01-12",100.13268984],["2021-01-13",100.13323852],["2021-01-14",100.13378719],["2021-01-15",100.13430844],["2021-01-18",100.13554297],["2021-01-19",100.13595449],["2021-01-20",100.136366],["2021-01-21",100.13672265],["2021-01-22",100.13713417],["2021-01-25",100.13836874],["2021-01-26",100.13891744],["2021-01-27",100.13943872],["2021-01-28",100.13995999],["2021-01-29",100.14048127],["2021-02-01",100.1419628],["2021-02-02",100.14248408],["2021-02-03",100.14300537],["2021-02-04",100.14352667],["2021-02-05",100.14404796],["2021-02-08",100.14569416],["2021-02-09",100.14624291],["2021-02-10",100.14679165],["2021-02-11",100.14728553],["2021-02-12",100.14783428],["2021-02-16",100.1500293],["2021-02-17",100.15057807],["2021-02-18",100.15112684],["2021-02-19",100.15167561],["2021-02-22",100.15332194],["2021-02-23",100.15387073],["2021-02-24",100.15441952],["2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