SFA Seeking Market Feedback on Strawman Proposal for Pricing & Quoting Fixed Rate ABS

SFA has released a Strawman Proposal for Pricing & Quoting Fixed Rate ABS as the market prepares to transition away from the use of the LIBOR Swap Curve for pricing and quoting fixed rate securitization products. This strawman follows our market survey and multiple market discussions in an effort to achieve a market consensus solution on a new benchmark, interpolation calculation methodology, and date of transition as the market moves away from the LIBOR swap curve. All comments and questions on the proposal are requested by Friday, February 18^th. If you wish to submit, please reach out to Kristi Leo, Elen Callahan, and Alyssa Acevedo. 

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