ICE Benchmark Administration has been appointed as the calculation agent for EFTERM, which will launch on 14 November 2022.
October 12, 2022The US dollar SOFR ICE Swap Rate will help the USD non-linear derivatives market in its ongoing transition to SOFR, said IBA president Tim Bowler.
November 9, 2021The FCA said the current fallback language for credit sensitive rates puts market participants at risk of breaching their obligations under BMR.
September 30, 2021Feedback is sought on fallbacks for cash products referencing JPY LIBOR. Under the plan, issuance of new LIBOR based loans and bonds will cease by mid-2021.
August 10, 2020Enhancements to the transaction layer of the BBSW calculation waterfall will increase the frequency with which BBSW rates are calculated using transaction data.
July 28, 2020Refinitiv's announcement follows the launch of a beta version of term SONIA reference rates by ICE Benchmark Administration earlier this month.
July 22, 2020Transition testing will be conducted initially for six months to determine if a transition to the proposed waterfall methodology is possible or if further refinements are needed.
July 2, 2019