Michael O'Brien

Michael O'Brien

Sheppard Mullin Richter & Hampton LLP

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ARRC Formally Recommends Term SOFR

As expected, on July 28, 2021, the Alternative Reference Rates Committee (ARRC) formally recommended the CME’s SOFR Term Rate. The SOFR Term Rate is known in advance of the related interest period and provides an indicative,...more

8/3/2021  /  Alternative Reference Rates Committee (ARRC) , Banking Sector , Financial Institutions , Interest Rates , Libor , Secured Overnight Funding Rate (SOFR)
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