Last Friday, August 7, the Alternative Reference Rates Committee (ARRC) released their SOFR Starter Kit. The kit is a series of fact sheets designed to inform the public about the efforts to transition away from USD LIBOR to SOFR. The fact sheets follow the ARRC’s conclusion of their SOFR Summer Series and contains factsheets about History and Background on LIBOR, key facts about SOFR, and the next steps of SOFR implementation.

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