On August 25, the LSTA published its Term SOFR Concept Document (the “Term SOFR Concept Document”)—the latest addition to its suite of SOFR-based Concept Documents.
The Term SOFR Concept Document was prepared in response...more
This past Monday, July 26, marked passage of the most recent major milestone in the replacement of LIBOR as the benchmark USD interest rate. Following the recommendation of the CFTC’s Market Risk Advisory Committee (MRAC)...more
7/29/2021
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CFTC ,
Financial Conduct Authority (FCA) ,
Governor Cuomo ,
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Secured Overnight Funding Rate (SOFR) ,
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