From LIBOR to SOFR

Brian Battle

Market Minute

September 12, 2018

In this Market Minute, Brian Battle follows up on his 2017 Market Minute on the consequences of the LIBOR scandal and the subsequent push for a LIBOR replacement. He introduces this replacement, SOFR ("Secured Overnight Financing Rate"), explores how it compares to Fed Funds and LIBOR, and lays out next steps institutions should take to ensure that loan agreements are up-to-date.

Click here to view "LIBOR Pains"