Saturday , September 18 2021
Home / FT Alphaville / Term’s time has come

Term’s time has come

Summary:
Libor transition updatesSign up to myFT Daily Digest to be the first to know about Libor transition news. We’ve written before about why the lack of an officially endorsed term rate for US dollar Libor is a particularly thorny issue — even when placed against the many-pronged rose bush that is Libor transition.No longer. Or not much longer, at least. On Monday the market convention for dollar-denominated swaps will switch from Libor to the Secured Overnight Refinancing Rate, or Sofr. That’s ahead of a move in late October that’ll see Libor disappear from the screens of interdealer brokers entirely. The shift will, according to Tom Wipf, head of the Alternative Reference Rates Committee (ARRC), the official body for ditching dollar Libor, pave the way for them to back a

Topics:
FT Alphaville considers the following as important:

This could be interesting, too:

conversableeconomist writes Mulling Pandemic Advice from September 2019

Emilie Openchowski writes Weekend reading: Bolstering U.S. social infrastructure and the care economy through public investments edition

[email protected] (Cyril Morong) writes Is There Economic And Political Meaning In “The Wizard of Oz?”

John H. Cochrane writes Inflation, debt, politics, and insurance at Project Syndicate

Libor transition updates

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *