Alternative Reference Rates Committee
From ACT Wiki
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)
