Paced Transition Plan: Difference between revisions
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imported>Doug Williamson (New page based on the document https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2018/ARRC-Second-report) |
imported>Doug Williamson (Add run-in sentence.) |
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| Line 1: | Line 1: | ||
''US interest rate benchmarks''. | ''US interest rate benchmarks''. | ||
ARRC adopted | The Paced Transition Plan is part of the change from LIBOR to successor benchmark interest rates. | ||
The Alternative Reference Rates Committee (ARRC) adopted the Paced Transition Plan on 31 October 2017 in order to progressively build the liquidity required to support issuance of contracts referring to SOFR and voluntary transition from USD LIBOR by market participants. | |||
==See also== | ==See also== | ||
*[[Alternative Reference Rates Committee]] | |||
*[[Federal Reserve]] | *[[Federal Reserve]] | ||
*[[LIBOR]] | *[[LIBOR]] | ||
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*[[Risk-free rates]] | *[[Risk-free rates]] | ||
*[[SOFR]] | *[[SOFR]] | ||
Revision as of 06:03, 7 July 2018
US interest rate benchmarks.
The Paced Transition Plan is part of the change from LIBOR to successor benchmark interest rates.
The Alternative Reference Rates Committee (ARRC) adopted the Paced Transition Plan on 31 October 2017 in order to progressively build the liquidity required to support issuance of contracts referring to SOFR and voluntary transition from USD LIBOR by market participants.
