LIBOR to SOFR: what will make the swaps market transition?

The SOFR swaps data isn’t pretty. In the week ending July 5, 2019, as per the ISDA SwapsInfo data, a notional of $9.2 billion in SOFR swaps and $0.1 billion in SOFR basis swaps traded, with 10 and 1 trade(s), respectively. Compared to USD LIBOR swaps, coming in at $1,670.1 billion and a trade count of 10,073, SOFR swaps are beyond anemic. While this includes the July 4th holiday, the trend is similar in other weeks. These numbers do not include exchange-traded futures.
This content requires a Finadium subscription. Articles with an unlocked symbol can be accessed with free registration. Log in or create a free account by signing up here..

Related Posts

Previous Post
Regulation Asia: HKMA Asks Banks to Prepare Systems for Revised Leverage Ratio
Next Post
Capital markets blockchain weekly roundup

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account