Fixed Rate Benchmark for SF Market New Market Survey to Finalize Market Consensus: I-Curve, J-Curve, Z-Curve and/or SOFR Swap Curve We Need Your Final Input. As part of SFA’s ongoing market consensus-building efforts to identify...
Read MoreOn March 2, Senators Tester (D-MT), Tillis (R-NC), Brown (D-OH), and Toomey (R-PA) introduced the Economic Continuity and Stability Act, companion legislation to the House bill passed by a vote of 415 to 9 in...
Read MoreThe Wall Street Journal reports that SOFR is leading the way as the benchmark replacement rate for LIBOR among U.S. banks and financial institutions. Sales of corporate loans and derivatives tied to the overnight rate...
Read MoreRecent market trends and early 2022 trading shows momentum is growing in the shift from LIBOR to SOFR. CME Group notes that speculation on the Federal Reserve's future rate policy has caused a surge in...
Read MoreA major phase in the LIBOR cessation came on December 31, 2021 when the publication of all sterling, euro, Swiss franc and Japanese yen settings, and the 1-week and 2-month U.S. dollar settings ended. ...
Read MoreThis week the Internal Revenue Service and Department of the Treasury published in the Federal Register final guidance on the transition away from LIBOR. The final regulations address circumstances when modifying a contract to update...
Read MoreBy Michael Bright, CEO of SFA Why doesn’t the financial world have a solid transition plan away from the London Interbank offered rate, or LIBOR? I recently asked that question in a column for American...
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