Paced Transition Plan: Difference between revisions
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imported>Doug Williamson (Add run-in sentence.) |
imported>Doug Williamson m (Categorise.) |
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The Paced Transition Plan is part of the change from LIBOR to successor benchmark interest rates. | 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. | 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 (Secured Overnight Financing Rate) and voluntary transition from USD LIBOR by market participants. | ||
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*[[Risk-free rates]] | *[[Risk-free rates]] | ||
*[[SOFR]] | *[[SOFR]] | ||
[[Category:Corporate_financial_management]] | |||
Revision as of 09:19, 11 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 (Secured Overnight Financing Rate) and voluntary transition from USD LIBOR by market participants.
