First convened in 2014, ARRC’s purpose is to facilitate the transition from LIBOR to the secured overnight financing rate (“SOFR”) as a benchmark interest rate. The committee has periodically ...
When I was a midshipman at the US Naval Academy, a lot of guys wanted to be fighter pilots. If they were allowed to choose based purely on class rank, the best and brightest would be lured into the ...
The story so far: On May 12, the RBI stated that some banks and financial institutions were yet to facilitate an absolute transition away from the London Interbank Offered Rate (LIBOR) benchmark. They ...
When these articles originally ran a while ago, the response was overwhelming. With the current economic situation seeming to worsen daily, we have had multiple requests to publish these articles ...
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The secured overnight financing rate (SOFR) is an important benchmark rate that reflects the average interest rate banks pay to take out secured loans in U.S. dollars overnight. The loans are secured ...
Reminder: The upcoming FREE training session provided by Reverse Focus is coming up this Friday, May 17, at 12:30 PM EST (9:30 AM PST). Mark your calendar! The session will include a conversation with ...
Reverse Focus is providing RMD readers with a FREE training session coming up on Friday, May 17, at 12:30 PM EST (9:30 AM PST). Mark your calendar! The session will include a conversation with ...