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Tag: LIBOR

Feb 21
ARRC Releases Update on its RFP Process for Selecting a Forward-Looking SOFR Term Rate Administrator

The Alternative Reference Rates Committee (ARRC) announced it selected CME Group as the administrator that it plans to recommend for a forward-looking Secured Overnight Financing Rate (SOFR) term rate, once market indicators for the term rate are met.    “The identification of CME Group as the strongest proposal to administer SOFR term rates leaves one final step in this […]

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