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Search results with tag "Reference rates"
ALTERNATIVE REFERENCE RATES COMMITTEE
www.newyorkfed.orgThe Alternative Reference Rates Committee (ARRC) today announced that it is now formally recommending CME Group’s forward-looking Secured Overnight Financing Rate (SOFR) term rates (SOFR Term Rates), following the completion of a key change in interdealer trading conventions on July 26, 2021 under the SOFR First initiative.
Short-Term Bank Yield Index (BSBY)
assets.bbhub.ioThe Bloomberg Short-Term Bank Yield Index (BSBY) aims to represent a series of credit sensitive reference rates that incorporate systemic bank credit spreads and defines a forward term structure. BSBY seeks to measure the average yields at which large, global banks access USD senior unsecured marginal wholesale funding. Based on