FTSE and SOFR term rate: Difference between pages

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__NOTOC__
''Interest rates - reference rates - forward-looking benchmarks - USD - SOFR''.
A number of indices maintained by the FTSE Group, a subsidiary of the London Stock Exchange Group (LSEG).


The FTSE Group started as a joint venture between the Financial Times and the London Stock Exchange.  
Term SOFR refers to a forward-looking benchmark interest rate, based on the USD Secured Overnight Financing Rate (SOFR), as published by the New York Fed.




===FTSE 100===
:<span style="color:#4B0082">'''''SOFR term rate widely welcomed'''''</span>


1. A share index made up of the 100 largest companies on the UK stock market, measured by their equity market [[capitalisation]].
:"USD Markets have been busy over the Summer, and it’s beginning to feel as it the direction of travel [in USD LIBOR transition] is more aligned.  


2. The 100 companies themselves.
:In particular, the recommendation of a SOFR Term rate has been widely welcomed and should reduce the demand from some parts of the market for credit sensitive rates (such as BSBY) as an alternative to LIBOR."


 
:''Status Update – LIBOR transition - Sarah Boyce - Association of Corporate Treasurers - 07 September 2021''
===FTSE 250===
 
1. A share index made up of the next 250 largest companies on the UK stock market, after the top 100.
 
2. These 250 companies themselves.
 
 
===FTSE 350===
 
1. A share index made up of the largest 350 companies on the UK stock market.
 
2. The 350 companies themselves.




== See also ==
== See also ==
* [[Capitalisation]]
* [[Bank of England Base Rate]]
* [[Fortune 500]]
* [[Benchmark]]
* [[FT 30]]
* [[BSBY]]
* [[IBEX 35]]
* [[New York Fed]]
* [[Large-cap]]
* [[Risk-free rates]] (RFR)
* [[London Stock Exchange Group]]
* [[SOFR]]
* [[MCT]]
* [[SONIA]]
* [[Mid-cap]]
* [[Term]]
* [[S&P 500]]
* [[Term fixing]]
* [[Tracker fund]]
* [[Term rate]]
 
* [[Term SONIA reference rate]]
 
===Other links===
*[http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/summary/summary-indices-constituents.html?index=UKX FTSE 100]
*[http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/summary/summary-indices-constituents.html?index=MCX FTSE 250]  
*[http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/summary/summary-indices-constituents.html?index=NMX FTSE 350]


[[Category:Corporate_financial_management]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 15:37, 30 September 2021

Interest rates - reference rates - forward-looking benchmarks - USD - SOFR.

Term SOFR refers to a forward-looking benchmark interest rate, based on the USD Secured Overnight Financing Rate (SOFR), as published by the New York Fed.


SOFR term rate widely welcomed
"USD Markets have been busy over the Summer, and it’s beginning to feel as it the direction of travel [in USD LIBOR transition] is more aligned.
In particular, the recommendation of a SOFR Term rate has been widely welcomed and should reduce the demand from some parts of the market for credit sensitive rates (such as BSBY) as an alternative to LIBOR."
Status Update – LIBOR transition - Sarah Boyce - Association of Corporate Treasurers - 07 September 2021


See also

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