SIFMA issues SOFR primer

The publication of LIBOR is not guaranteed beyond 2021. To ensure financial stability, a significant, coordinated effort is underway to transition to alternative interest rate benchmarks. With an estimated $200 trillion of financial contracts referencing USD LIBOR, much work lies ahead in order to implement a successful reference rate change and time is of the essence.

In this primer, published as the Securities Industry and Financial Markets Association (SIFMA) gathers for a LIBOR Transition Briefing with policymakers at the center of the transition, SIFMA Insights provides an overview of the LIBOR transition – as well as an actionable checklist – with a focus on the proposed US alternative reference rate, Secured Overnight Financing Rate (SOFR).

Read the primer

Related Posts

Previous Post
ESMA launches consultation on cost of market data and consolidated tape
Next Post
CFTC details data protection strategy

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


Reset password

Create an account