Jonathan Hammond

Jonathan Hammond

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ARRC Formally Recommends CME Group's SOFR Term Rates

On July 29, the Alternative Reference Rates Committee (ARRC) formally recommended the use of the CME Group’s forward-looking Secured Overnight Financing Rate (SOFR) term rates (Term SOFR) as a replacement to the London...more

8/4/2021  /  Alternative Reference Rates Committee (ARRC) , Banking Sector , CFTC , Libor , Secured Overnight Funding Rate (SOFR)
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