All posts tagged "SOFR"
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315ChinaPBOC Issues Guidance on USD Loans Ahead of LIBOR Cessation
Guidance was issued on the terms that should be included in new and old contracts referencing USD LIBOR as well as in new contracts referencing SOFR.
June 3, 2021 -
212Australia & NZWestpac Becomes First Aussie Major to Issue SOFR Debt
The bond issuance included a $300mn floating-rate bond tranche maturing in five years that was priced at a 52 basis point spread over SOFR.
May 28, 2021 -
760Market InfrastructureCME Group to be Recommended as SOFR Term Rate Administrator
A recommended SOFR term rate is now in clear sight, said Tom Wipf, ARRC Chairman and Vice Chairman of Institutional Securities at Morgan Stanley.
May 25, 2021 -
691FeatureHKEX Clears First SOFR-HONIA Cross Currency Swaps
OTC Clear announced last week that it was launching clearing services for cross-currency interest rates swaps and basis swaps referencing HONIA and SOFR.
May 18, 2021 -
383EuropeCredit Sensitive Alternatives to RFRs Have Limited Durability: Bailey
Non-financial borrowers may not want their cost of borrowing to be driven by thin liquidity in CP and CD markets, says BOE governor Andrew Bailey.
May 17, 2021 -
495Hong Kong
OTC Clear Launches Clearing for SOFR-HONIA Cross-currency Swaps
The SFC has approved the launch of clearing services for cross-currency interest rates swaps and basis swaps referencing HONIA and SOFR.
May 11, 2021 -
300FeatureARRC Identifies Indicators for Recommending SOFR-based Term Rate
The ARRC has published guidance on the indicators it will use to measure the progress needed to recommend a SOFR-based term rate.
May 10, 2021 -
1.4KMarket InfrastructureUS Banks Execute First BSBY-Linked Swaps Transaction
Bank of America and JPMorgan Chase entered into a $250mn one-year basis swap with one side tied to BSBY, the other to SOFR.
May 7, 2021 -
1.0KAsia-PacificGetting Your Hands Dirty with IBOR Transition
Specialists from Bloomberg, Standard Chartered Bank, ING Bank and Clifford Chance discuss IBOR transition challenges and how to address them.
May 3, 2021 -
318Market Infrastructure
ARRC Outlines Principles for Forward-Looking SOFR Term Rate
The ARRC said it is seeking to provide greater clarity on the likelihood and potential timing of a recommended SOFR term rate for certain uses.
April 22, 2021
