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ALTERNATIVE REFERENCE RATES COMMITTEE

ALTERNATIVE REFERENCE RATES COMMITTEE

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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. The ARR ’s formal recommendation of SOFR Term Rates is a major

  Terms, Sofr, Term sofr

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