All posts tagged "SOFR First"
-
174FeatureRFR Adoption Reaches New Heights in Key LIBOR Markets
RFR adoption jumped in August in Japan and Switzerland. The US and UK are seeing steady progress. ISDA chief Scott O'Malia says there is no room for complacency.
September 19, 2021 -
146FeatureARRC Formally Recommends CME Group SOFR Term Rates
Forward-looking term rates are needed for syndicated and bilateral corporate loans, as well as in the CLO and leveraged loans markets.
July 31, 2021 -
378Feature
Dealers Shift Default Rate for USD Linear Swaps to SOFR
Market observers reported a sharp increase in SOFR swaps transacted, a trend said to be "clear and pronounced".
July 29, 2021 -
171International
ARRC Endorses Shift to RFRs for Cross-currency Basis Swaps
From 21 September, interdealer trading in cross-currency basis swaps between USD, JPY, GBP and CHF would reference each currency's RFR.
July 23, 2021 -
222Market InfrastructureCFTC Set to Formally Adopt of ‘SOFR First’ Initiative
SOFR First has four phases, starting with the adoption of SOFR instead of LIBOR as the default rate for USD linear swaps from 26 July 2021.
July 18, 2021 -
229EuropeUK Regulators Support US ‘SOFR First’ Proposal on Interdealer Swaps
The FCA and BOE encourage liquidity providers to change USD linear swap trading conventions from USD LIBOR to SOFR on 26 July 2021.
June 18, 2021
