SARON: Difference between revisions
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imported>Doug Williamson (Expand definition. Source - Wikipedia - https://en.wikipedia.org/wiki/SARON#:~:text=SARON%20stands%20for%20Swiss%20Average,the%20Swiss%20Franc%20(CHF).&text=Repo%20markets%2C%20in%20their%20role,%2C%20highly%20regulated%2C%20and%20stable.) |
imported>Doug Williamson (Update - source - SNB - https://www.snb.ch/en/ifor/finmkt/fnmkt_benchm/id/finmkt_reformrates) |
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Swiss Average Rate OverNight. | Swiss Average Rate OverNight. | ||
SARON is | SARON is the likely risk-free rate substitute for CHF LIBOR in contracts which reference CHF LIBOR. | ||
It is a secured rate, based on the Swiss repo market. | It is a secured rate, based on the Swiss repo market. | ||
| Line 11: | Line 11: | ||
* [[EURONIA]] | * [[EURONIA]] | ||
* [[LIBOR]] | * [[LIBOR]] | ||
* [[National Working Group on Swiss Franc Reference Rates]] | |||
* [[Over night index average rate]] | * [[Over night index average rate]] | ||
* [[Repo]] | * [[Repo]] | ||
| Line 20: | Line 21: | ||
== | ==External link== | ||
[[Media:Slaughter and May interest rate benchmarks.pdf| 2021: A Benchmark Odyssey, Practical Guidance for Treasurers on interest rate benchmarks, Slaughter and May]] | [[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]] | [[Category:Corporate_financial_management]] | ||
Revision as of 23:34, 13 August 2021
Swiss Average Rate OverNight.
SARON is the likely risk-free rate substitute for CHF LIBOR in contracts which reference CHF LIBOR.
It is a secured rate, based on the Swiss repo market.
See also
- CHF
- Euro Overnight Index Average
- EURONIA
- LIBOR
- National Working Group on Swiss Franc Reference Rates
- Over night index average rate
- Repo
- Risk-free rates
- Sterling overnight index average
- Swiss Average Rate Overnight
- Switzerland
- TONAR
