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ALTERNATIVE REFERENCE RATES COMMITTEE

ALTERNATIVE REFERENCE RATES COMMITTEE

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2021 under the SOFR First initiative. The ARR ’s formal recommendation of SOFR Term Rates is a major milestone in the transition away from U.S. dollar (USD) LIBOR, providing market participants with an essential transition tool and marking the completion of the Paced Transition Plan that the ARRC outlined in 2017 and has been working toward ...

  First, Plan, Dollar

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