z03 Goodbye LIBOR, hello SOFR April 14, 2022 The transition from LIBOR has led to major changes in the pricing of global financial products. Here’s what businesses need to know. As of Jan. 1, 2022, the four non-U.S. dollar LIBOR benchmark rates—the British pound (GBP), Japanese yen (JPY), Swiss franc (CHF) and euro (EUR)—along withContinue reading “Goodbye LIBOR, hello SOFR”
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Secured Overnight Financing Rate (SOFR) Definition and History
By DANIEL KURT Full Bio Daniel has 10+ years of experience reporting on investments and personal finance for outlets like AARP Bulletin and Exceptional magazine, in addition to being a column writer for Fatherly.Learn about our editorial policies Updated September 30, 2023Reviewed by CHARLES POTTERSFact checked by KIRSTEN ROHRS SCHMITT What Is the Secured OvernightContinue reading “Secured Overnight Financing Rate (SOFR) Definition and History”