Replacing LIBOR
40 years of LIBOR comes to an end. This article covers why LIBOR is being replaced, the markets impacted and steps to transition from LIBOR to SOFR....
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22 September, 2019
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The New IBOR
The Secured Overnight Financing Rate (SOFR) to Replace LIBOR For new transactions as of April 1, 2018, the old IBOR will continue to be used for existing swaps and loans. As of today, The New IBOR (SOFR) will be used to measure the cost of borrowing...
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10 May, 2018