Cash burn rate and SOFR term rate: Difference between pages
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imported>Doug Williamson (Create page. Source: Cambridge English Dictionary: http://dictionary.cambridge.org/dictionary/english/cash-burn-rate) |
imported>Doug Williamson (Add link.) |
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''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. | |||
:<span style="color:#4B0082">'''''SOFR term rate widely welcomed'''''</span> | |||
:"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 == | == See also == | ||
* [[ | * [[Bank of England Base Rate]] | ||
* [[ | * [[Benchmark]] | ||
* [[ | * [[BSBY]] | ||
* [[ | * [[New York Fed]] | ||
* [[Risk-free rates]] (RFR) | |||
* [[SOFR]] | |||
* [[SONIA]] | |||
* [[Term]] | |||
* [[Term fixing]] | |||
* [[Term rate]] | |||
* [[Term SONIA reference rate]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Long_term_funding]] | |||
[[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
