Half or more of banks surveyed plan to use the SOFR daily, SOFR term structure, SOFR arrears compounding, and/or BSBY reference rates to replace Libor. ABA Data Bank: Libor Replacement Rates Banks Plan to Use on July 30, 2021 Commercial Lending, Newsbytes ABA Data Bank Commercial lending Libor Reference rates Share. Twitter Facebook Google+ Pinterest LinkedIn Tumblr Email Print