SOFR linked paper issuance had a good June but questions remain on curves and pricing

SOFR linked issuance is starting to pick up. June data, compiled by the CME and published in the June/July 2019 ARRC newsletter, showed just over a cumulative $123 billions of paper issued. June 2019 issuance was about $35 billion, the highest monthly number by a factor of two, and some issuance longer than 2 years in June, about $2~$3 billion worth, is just kicking in. That is a very small amount in the big scheme of things, but if this continues (and expands), it is a big positive for SOFR adoption.
This content requires registration. Get access today by signing up here.

Related Posts

Previous Post
Australian Securities and Investments Commission to consult market on securities lending and ‘substantial holding’ disclosure
Next Post
Capital One announces data security breach

Related Posts

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

Menu
X

Reset Password

Create an Account