Secured Overnight Financing Rate and Senior: Difference between pages

Revision as of 10:44, 7 January 2018

A claim which enjoys a ranking ahead of others in a liquidation.

Senior claims, therefore, carry a relatively lower degree of credit risk.

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-''US interest rate benchmarks''.
+A claim which enjoys a ranking ahead of others in a liquidation.
-(SOFR).
+Senior claims, therefore, carry a relatively lower degree of [[credit risk]].
-SOFR is a broad treasuries repo financing rate, recommended as a benchmark by the Alternative Reference Rates Committee of the Federal Reserve.
+== See also ==
+* [[Junior]]
+* [[Senior debt]]
+* [[Tranche]]
-==See also==
+[[Category:Corporate_finance]]
-*[[Alternative Reference Rates Committee]]
+[[Category:Long_term_funding]]
-*[[Federal Reserve]]
+[[Category:Compliance_and_audit]]
-*[[LIBOR]]
+[[Category:Manage_risks]]
-*[[Reference rate]]
+[[Category:Treasury_operations_infrastructure]]
-*[[Risk-free rates]]
-*[[Repo]]
-*[[Treasury]]
-===Other links===
-[[Media:Slaughter and May interest rate benchmarks.pdf| 2021: A Benchmark Odyssey, Practical Guidance for Treasurers on interest rate benchmarks, Slaughter and May]]
-[[Category:Corporate_financial_management]]