Podcast: Understanding how monetary policy shapes SOFR
On this episode of the ABA Banking Journal Podcast, ABA economist Jeff Huther discusses recent dynamics with the Secured Overnight ...
Tag: SOFR
SOFR, so good? The outlook for the ‘world’s most important number’
How monetary policy has pushed the Secured Overnight Financing Rate toward the top of the Fed’s target range.
ARRC Chairman: Legislations Needed to Address Libor Legacy Contracts
In a Barron’s op-ed today, Tom Wipf, chairman of the Alternative Reference Rates Committee, emphasized the need for legislation to ...
A Model Transition? Surveying Banks’ Post-Libor Rate Choices
As the Libor endgame continues to count down, what rates are America’s large and midsize banks planning to adopt to ...
ARRC Offers Principles for Forward-Looking SOFR; CME Announces Term SOFR Reference Rates
The Alternative Reference Rates Committee this week issued a set of principles that will guide its efforts to recommend a ...
Libor Change: ‘Law of Physics’ Prompting Examination Focus, Self-Assessment Tool
With Libor slated to sunset by the end of 2021, banks need to identify and mitigate their Libor transition risks. ...
Ironing Out the Wrinkles in the Post-Libor Landscape
U.S. dollar Libor will officially come to an end starting this year. With just months to go in the transition ...
ARRC Outlines Approach for Using SOFR in New Issuances of Securitized Products
With the publication of all tenors of London Interbank Offered Rate set to cease after June 30, 2023, the Alternative ...
ARRC Supplements Its Recommended Libor Fallback Language for Business Loans
As part of its ongoing effort to support the transition away from the London Interbank Offered Rate, the Alternative Reference ...
ARRC: No Guarantee on Forward-Looking SOFR Term Rate in 2021
The Alternative Reference Rates Committee today said it “will not be in a position” to recommend a forward-looking term rate ...
