All posts tagged "SOFR"
-
596Market InfrastructureLSTA Offers Guidance on Credit Sensitive Rates to Replace LIBOR
The advisory provides sample language to facilitate the use of credit sensitive rates in hardwired fallback language in new and amended loan documentation.
April 16, 2021 -
1.1KAsia-PacificLIBOR Phase-out, RFR Adoption: A Path Forward for Sri Lanka
The CBSL should play a more active role in facilitating the transition in Sri Lanka, says Lalinda Sugathadasa, Head of Research at ICRA Lanka.
April 12, 2021 -
625FeatureHKMA Releases Banks from 30 June LIBOR Transition Milestone
International banks say prematurely restricting the issuance of LIBOR-linked contracts may result in fragmented markets.
March 26, 2021 -
629Market InfrastructureContinued LIBOR Use Presents ‘Safety and Soundness’ Risks
ARRC will not be able to recommend a forward-looking SOFR term rate by mid-2021. New York has approved legislation to facilitate transition for tough legacy contracts.
March 26, 2021 -
1.1KFeatured ArticlesAbsence of Term RFRs Could Impair Risk, Forecasting Functions
Banking functions involving risk analytics and cash flow forecasting will need to change to accommodate risk-free rates, says Karen Moss at Moody’s Analytics.
March 19, 2021 -
553Market InfrastructureRefinitiv to Publish Spread Adjusted SOFR for Cash Products
Following an RFP process initiated in September, the ARRC has selected Refinitiv to publish spread-adjusted fallback rates for use in cash product contracts.
March 18, 2021 -
1.2KFeatured ArticlesLIBOR Transition: Derivatives Market Has Clarity: ISDA
The FCA’s recent announcement has provided clarity on the future of all LIBOR settings. But, derivatives market participants still have work to do.
March 11, 2021 -
411Big PictureG-SIBs to Spend Over $100m on IBOR Budget in 2021: EY
Banks of all sizes felt most of their budget would be spent on technology, followed by legal contract repapering. A shortage of legal resources remains a clear risk.
February 10, 2021 -
391EnforcementLondon Trader Jailed for LIBOR Manipulation Released
Tom Hayes told Bloomberg this week that efforts to replace LIBOR were pointless and that the rate was far safer now.
February 5, 2021 -
570Big PictureRegulatory Intervention Needed for JPY LIBOR Transition – Fitch
Japan’s decision to keep TIBOR may slow the adoption of TONA, lengthening the time needed to generate liquidity in TONA derivatives and establish forward-looking TONA rates.
January 26, 2021
