Paced Transition Plan and Parent currency: Difference between pages

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''US interest rate benchmarks''.
The currency of the parent company of a multinational group.


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.
== See also ==
* [[Parent company]]


 
[[Category:Accounting,_tax_and_regulation]]
==See also==
[[Category:The_business_context]]
*[[Alternative Reference Rates Committee]]
*[[Federal Reserve]]
*[[LIBOR]]
*[[Reference rate]]
*[[Risk-free rates]]
*[[SOFR]]
 
[[Category:Corporate_financial_management]]

Latest revision as of 21:13, 1 July 2022

The currency of the parent company of a multinational group.


See also