All posts tagged "Term SOFR"
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239Market InfrastructureSOFR Academy, Invesco Launch New Credit Spread Indices
The new indices - known as AXI and FXI - will serve as forward-looking credit spread add-ons for SOFR for use in lending and derivatives markets.
July 27, 2022 -
429FeatureARRC Issues Transition Guidance for Legacy LIBOR Cash Products
The LIBOR Legacy Playbook will help market participants transition legacy LIBOR cash products. Refinitiv will publish fallback rates based on the CME Term SOFR rates in September.
July 12, 2022 -
486Market Infrastructure
ARRC Endorses 12 Month Term SOFR for Legacy LIBOR Loans
ARRC approved the CME 12-month Term SOFR rate for legacy LIBOR consumer products and trade and receivables finance.
May 24, 2022 -
691Asia-PacificLIBOR Transition Challenges Remain in APAC Loans Market
In a survey of APLMA member institutions, more than half of respondents said they would not complete remediation of their legacy book until H1 2023.
April 21, 2022 -
354InternationalIBA Launches ICE Term SOFR Reference Rates
The launch of ICE Term SOFR provides certainty when borrowers and lenders calculate their interest expenses and other contractual payments in advance.
March 18, 2022 -
660FeatureAPLMA, TMA Issue Guidance on SOFR Adoption in Loan Markets
The HKMA said it supports the publication of the new information note, which sets out options to replace USD LIBOR with SOFR in loan contracts.
September 15, 2021 -
331Market 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 -
442InternationalBloomberg Confirms BSBY Adheres to IOSCO Principles
BSBY includes a term structure and systemic credit-sensitive spread, and can be used to supplement Term SOFR in the lending market.
April 11, 2021
