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Understanding SOFR: LIBOR Replacement Guide by ank333 is a document available to read on EtoBox.

What is Understanding SOFR: LIBOR Replacement Guide about?

The Alternative Reference Rates Committee (ARRC) was convened in 2014 to identify robust alternatives to USD LIBOR and support a transition away from LIBOR. The ARRC selected the Secured Overnight Financing Rate (SOFR) as its preferred alternative to USD LIBOR in 2017. SOFR is based on actual transactions in the deep and liquid overnight U.S. Treasury repo market and meets the ARRC

Author

ank333

Language

EN