Order and SOFR: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Create page. Sources: linked pages.)
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
1. ''Civil law.''
''US interest rate benchmarks''.


Any decision of a court, other than its final jugdment in a case.
SOFR is the Secured Overnight Financing Rate.  


For example, an ''administration order.''
This is a broad treasuries repo financing rate, recommended as a benchmark by the Alternative Reverence Rates Committee (ARRC) of the Federal Reserve.


It is published by the New York Fed at approximately 8am local time.


2. ''Goods and services.''


A formal or informal request, from a client or customer, for something to be supplied or made.
3 April 2018 was the first time SOFR was published. It is calculated based on actual transactions and is a volume-weighted median.  


In the first three months of the publication of SOFR the underlying overnight lending transaction volume was on average approximately USD 800 billion.


3. ''Agency.''


An instruction to an intermediary, sometimes contingent on an event, for example a
LIBOR, which is currently used as the main benchmark rate, is expected to discontinue by 2021 in light of multiple irregularities and lack of sustainability in the absence of an active underlying market.


3. ''Financial services.''
SOFR is the new benchmark USD rate (alternatively known as risk-free rate) and ARRC is working with the industry to transition to SOFR from LIBOR.  


An instrument used to remit money, such as a money order or a standing order.
.


 
==See also==
4. ''Financial services.''
*[[Alternative Reference Rates Committee]]
 
*[[Federal Reserve]]
An instrument used to remit money, such as a ''money order'' or a ''standing order''.
*[[IBOR]]
*[[LIBOR]]
*[[Reference rate]]
*[[Risk-free rates]]
*[[Repo]]
*[[SOFR term rate]]
*[[SONIA]]
*[[Treasury]]




5.
===Other links===


Ranking.  For example ''merit order''.
[[Media:Slaughter and May interest rate benchmarks.pdf| 2021: A Benchmark Odyssey, Practical Guidance for Treasurers on interest rate benchmarks, Slaughter and May]]
 
 
 
==See also==
*[[Adjudication]]
*[[Administration order]]
*[[Arbitration]]
*[[Civil law]]
*[[Economic order quantity]]
*[[Enforcement]]
*[[European Order for Payment]]
*[[Execution]]
*[[Garnishee order]]
*[[Injunction]]
*[[Instrument]]
*[[Judgment]]
*[[Law]]
*[[Merit order]]
*[[Money order]]
*[[Standing order]]
*[[Stop-loss order]]
*[[Suit]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Corporate_financial_management]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]
[[Category:Trade_finance]]

Revision as of 08:04, 12 September 2021

US interest rate benchmarks.

SOFR is the Secured Overnight Financing Rate.

This is a broad treasuries repo financing rate, recommended as a benchmark by the Alternative Reverence Rates Committee (ARRC) of the Federal Reserve.

It is published by the New York Fed at approximately 8am local time.


3 April 2018 was the first time SOFR was published. It is calculated based on actual transactions and is a volume-weighted median.

In the first three months of the publication of SOFR the underlying overnight lending transaction volume was on average approximately USD 800 billion.


LIBOR, which is currently used as the main benchmark rate, is expected to discontinue by 2021 in light of multiple irregularities and lack of sustainability in the absence of an active underlying market.

SOFR is the new benchmark USD rate (alternatively known as risk-free rate) and ARRC is working with the industry to transition to SOFR from LIBOR.


See also


Other links

2021: A Benchmark Odyssey, Practical Guidance for Treasurers on interest rate benchmarks, Slaughter and May

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Order&oldid=42666’