Banker's acceptance and Working Group on Sterling Risk-Free Reference Rates: Difference between pages

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(BA).  
''Risk-free interest rates''.


A bill of exchange (draft) which has been accepted by a bank.
The Working Group on Sterling Risk-Free Reference Rates supported the development and adoption of alternative near risk-free benchmarks for sterling, mainly SONIA.


A draft accepted by a bank constitutes an unconditional and binding obligation on the part of the bank to pay the draft at maturity.


== See also ==
 
* [[Acceptance]]
==See also==
* [[Bill of exchange]]
*[[Benchmark]]
* [[Draft]]
*[[LIBOR]]
* [[Trade acceptance]]
*[[Risk-Free Rate Working Group]]
*[[Risk-free rates]]
*[[SOFR]]
*[[SONIA]]
* [[Steering Committee for SOR & SIBOR Transition to SORA]]  (SC-STS)
 
 
==Other links==
 
*[https://www.bankofengland.co.uk/markets/transition-to-sterling-risk-free-rates-from-libor/working-group-on-sterling-risk-free-reference-rates Working Group on Sterling Risk-Free Reference Rates - Bank of England]
 
*[[Media:Slaughter and May interest rate benchmarks.pdf| 2021: A Benchmark Odyssey, Practical Guidance for Treasurers on interest rate benchmarks, Slaughter and May]]
 
*[[Media:The_Treasurer_-_LIBOR_-_Goodbye_to_all_that.pdf| LIBOR: Goodbye to all that, The Treasurer]]
 
*[https://www.bankofengland.co.uk/markets/sonia-benchmark SONIA and other benchmarks]
 
*[https://www.fca.org.uk/news/statements/fca-statement-libor-panels FCA: Statement on LIBOR panels]
 
*[https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2018/ARRC-Second-report ARRC: Second Report]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 14:25, 27 April 2022