Alternative Reference Rates Committee

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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


Other resource