Alternative Reference Rates Committee: Difference between revisions
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(ARRC). | (ARRC). | ||
The former Alternative Reference Rates Committee convened by the Federal Reserve Board and the New York Fed to help ensure a successful transition from US dollar (USD) LIBOR to a more robust reference rate, its recommended alternative, the Secured Overnight Financing Rate (SOFR). | The former Alternative Reference Rates Committee convened by the Federal Reserve Board and the New York Fed to help ensure a successful transition from the former US dollar (USD) LIBOR to a more robust reference rate, its recommended alternative, the Secured Overnight Financing Rate (SOFR). | ||
It was wound up in November 2023, having announced a successful transition from USD LIBOR. | It was wound up in November 2023, having announced a successful transition from USD LIBOR. | ||
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== | ==Other resource== | ||
*[https://www.newyorkfed.org/arrc Alternative Reference Rates Committee - about us] | *[https://www.newyorkfed.org/arrc Alternative Reference Rates Committee - about us] | ||
Latest revision as of 19:11, 14 November 2024
US interest rate benchmarks.
(ARRC).
The former Alternative Reference Rates Committee convened by the Federal Reserve Board and the New York Fed to help ensure a successful transition from the former US dollar (USD) LIBOR to a more robust reference rate, its recommended alternative, the Secured Overnight Financing Rate (SOFR).
It was wound up in November 2023, having announced a successful transition from USD LIBOR.
See also
- Canadian Alternative Reference Rate Working Group (CARR)
- Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks
- Federal Reserve Board
- International Organization of Securities Commissions (IOSCO)
- LIBOR
- National Working Group on Swiss Franc Reference Rates
- New York Fed
- Paced Transition Plan
- Reference rate
- Risk-free rates
- SOFR
- Steering Committee for SOR & SIBOR Transition to SORA (SC-STS)
- USD LIBOR
- Working group on euro risk-free rates
- Working Group on Sterling Risk-Free Reference Rates (RFR WG)
