Tag: sofr

Although sections of the market seek an extension to the date for phasing out Libor, treasury officials, bankers and lawyers say they are working under the assumption there won’t be any delays.

Two days of volatility in SOFR, the main contender to replace Libor, has cast doubt on its suitability as a new benchmark rate for corporate financial activity

Financial firms can’t seem to come to an agreement on the unofficial “pre-cessation” trigger that will signal the beginning of the end for Libor. Meanwhile, SOFR faces some controversy.

Steady pickup in money markets using the Secured Overnight Financing Rate is helping financial industry participants formulate fallback language for existing financial products that use Libor.

As the cliff-edge of Libor’s demise approaches, corporates are caught in a chicken and egg problem of alternative benchmarks with limited liquidity. Can it be fixed?

A month on from the news that US dollar Libor could have yet another replacement, CT speaks to experts - including those from ISDA - to find out what it could mean for treasury departments in the region.

Frances Hinden, Shell’s vice president of treasury said that Libor is deeply embedded within a corporate’s business. How should treasurers prepare?