關於 sofr ，我們在網路上蒐集到這些相關的討論、資訊與評價

#11. 全球型銀行LIBOR 退場轉換計劃進程力求降低曝險

SOFR 以美國公債附買回交易（repo transaction）為計算基礎3，屬於有擔保利. 率；LIBOR 則是以同業間拆款為計算基礎，屬無擔保利率，故其本質上包含信. 用與流動性風險成分 ...

#12. CFTC's Interest Rate Benchmark Reform Subcommittee ...

SOFR First for non-linear derivatives is the third phase of the initiative and is recommended to occur on November 8, 2021. Specifically, ...

#13. 基準利率改革快馬加鞭，美SOFR 洞燭先機

國SOFR( Secured Overnight Financing Rate)發展情況，SOFR 是由具交易基 ... York Fed 自2018/4 開始公布SOFR，隨後與SOFR 連結衍生性金融商品火速.

#14. Update on Term SOFR and Practical Considerations for Usage

The Secured Overnight Financing Rate (or “SOFR”) is an observed rate based on actual transactions, and is published by the Federal Reserve Bank ...

#15. Fed-backed Libor replacement SOFR holds at lower ... - Reuters

The U.S. secured overnight financing rate (SOFR), the Libor replacement preferred by the Federal Reserve that measures the cost of overnight ...

#16. IFC Leads Transition to SOFR with Landmark $2 Billion Bond ...

As part of the global reform, the Alternative Reference Rate Committee chose SOFR as the preferred LIBOR alternative for U.S. dollar ...

#17. Ford's SOFR Loan Is First New Deal to Use Libor Replacement

SOFR has made inroads elsewhere in finance, but not syndicated corporate loans, or those sold to a group of lenders. Representatives for Ford ...

#18. World Bank Prices Tap of Ten-Year SOFR Index Linked Bond

The World Bank has raised an additional USD 900 million for its February 2031 bond referencing the Secured Overnight Financing Rate (SOFR) ...

#19. 在商業貸款市場採用擔保隔夜融資期限利率（Term SOFR）

由於香港金融管理局規定香港的認可機構在2021年12月31日後須停止訂立新的LIBOR合約，本文將探討如何在商業貸款市場使用SOFR期限利率作為替代利率基準。

#20. LIBOR Transition – Forward-looking Term SOFR Is Here

SOFR is a benchmark rate administered by the Federal Reserve Bank of New York (New York Fed) which has been selected to replace USD LIBOR. SOFR ...

#21. The ARRC Recommends CME Group's Term SOFR Rates for ...

The CME Term SOFR Rates 9 are intended to provide a robust measure of forward-looking SOFR term rates, based on market expectations implied from ...

#22. Libor退場倒數計時美企爭相改用SOFR - 財經- 工商

美國跑車製造商Polaris，近來就選擇華爾街青睞的SOFR替代，作為提供汽車經銷商存貨融資（inventory financing）的指標利率。Polaris財務長馬克（Bob Mack ...

#23. SOFR: Gradually, Then Suddenly - LSTA

Citi, meanwhile, has issued more than $30 billion of SOFR debt and JPM has led the majority of Term SOFR leveraged loans that hit market in ...

#24. SOFR-Indexed ARMs - Freddie Mac Single-Family

The Secured Overnight Financing Rate (SOFR), is based on actual transactions in the Treasury repurchase (repo) market, where extensive trading happens daily ...

#25. Remarks Before the Alternative Reference Rates Committee's ...

Remarks of Gary Gensler, Chair of the Securities and Exchange Commission Before the Alternative Reference Rates Committee's SOFR Symposium.

#26. Interest Rates Watch: Examining USD LIBOR-SOFR Spreads

Although the ARRC-recommended spread adjustments are expected to result in a SOFR Term Rate close to USD LIBOR loans in “normal” times, as a ...

#27. 《國際金融》Libor退場倒數美企改用SOFR - 奇摩股市

【時報-台北電】Libor（倫敦銀行同業拆款利率）將於今年底退場，美國大企業紛紛趕在退場期限將屆前棄用Libor，改用替代呼聲最高的SOFR（擔保隔夜融資 ...

#28. SOFR in arrears or term? You choose | Opinion | ING Think

Now that we (effectively) have a term SOFR rate, a burning question is which way the market will swing. Does it remain drawn to the purity ...

#29. SOFR: A Comprehensive Guide | Chatham Financial

SOFR is a fully transaction-based rate and is less susceptible to market manipulation. SOFR measures of the cost of borrowing cash overnight collateralized ...

#30. Secured Overnight Financing Rate (SOFR) | Practical Law

The Secured Overnight Financing Rate (SOFR) is a new interest rate benchmark that is intended to be used as a reference rate for a wide range of financial ...

#31. NIB issues its inaugural SOFR Index Linked Global Benchmark

On 6 May, NIB issued a USD 700 million five-year benchmark bond linked to the SOFR (Secured Overnight Financing Rate) index.

#32. Inclusion of the Secured Overnight Financing Rate (SOFR ...

ASU 2018-16—Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark ...

#33. SOFR Fundamentals: What We Know SO-FAR - McMillan LLP

SOFR is the preferred USD alternative RFR to LIBOR. We discuss what SOFR is, the types of SOFR, conventions for SOFR, and using SOFR in loan ...

#34. ICICI Bank executes SOFR linked transactions - Mint

ICICI Bank executes Secured Overnight Financing Rate (SOFR) linked transactions ... Mumbai: ICICI Bank today announced that it has executed its ...

#35. LIBOR Transition: The ARRC Formally Recommends Term ...

Specifically, the ARRC highlighted that the Term SOFR rate will be particularly helpful for the business loans market, where there has been some ...

#36. Deborah Festa Quoted in Creditflux on CLOs and the LIBOR ...

For “CLO issuers sit on Sofr as they brace for short-term hit,” Creditflux ... (CLO) market and the secured overnight financing rate (SOFR).

#37. THE END OF LIBOR - Hong Kong Monetary Authority

SOFR however is an overnight reference rate and the adoption of SOFR in the loan markets creates a number of issues and challenges. In ...

#38. FCA and the Bank of England encourage market participants in

This is to facilitate a shift in market liquidity towards SOFR, ... conventions for USD linear interest rate swaps from USD LIBOR to SOFR.

#39. LIBOR to SOFR Transition - Questions & Answers | Union Bank

Industry Update: Term SOFR Announcement and Next Steps On July 29th, the Alternative Reference Rates Committee (ARRC) announced that it is now formally ...

#40. US Dollar Term SOFR is Here – Why is This Different and How ...

SOFR represents loans that are secured by US Treasury Bonds and are virtually risk-free. In contrast, USD LIBOR represents the rate at which ...

#41. SOFR First Slowly, Then All at Once - Tradeweb Markets

The dealer-to-dealer market's switch towards the Secured Overnight Financing Rate (SOFR) this summer galvanized broader acceptance of the ...

#42. LIBOR Transition | Fannie Mae

Updates to SOFR-indexed CMOs. Learn about updates to the Determination Dates and timing of first available settlement for the SOFR-indexed CMO offering. Learn ...

#43. Secured Overnight Financing Rate: What Is SOFR? - Forbes

SOFR is a benchmark that financial institutions use to price loans for businesses and consumers. The overnight financing part of its name ...

#44. 【利率過渡】滙豐完成首批「前瞻性期限SOFR」貿易融資交易

滙豐在香港完成以芝加哥商品交易所集團（CME Group）前瞻性「擔保隔夜融資利率」期限利率（即「Term SOFR」）為基準的首批貿易融資交易，標誌利率基準 ...

#45. Remarks by Secretary of the Treasury Janet L. Yellen to the ...

SOFR provides a robust rate, suitable for use in most products and with underlying transaction volumes that are unmatched by other LIBOR ...

#46. Secured Overnight Financing Rate (SOFR) | Practical Law

Secured Overnight Financing Rate (SOFR). A broad measure of the cost of overnight borrowing collateralized by Treasury securities. SOFR is calculated as a ...

#47. 滙豐批出「前瞻性期限SOFR」基準首批貿易融資交易 - 香港01

滙豐﹙0005﹚宣布，於香港完成以芝加哥商品交易所集團（CME Group）前瞻性「擔保隔夜融資利率」期限利率（「前瞻性期限SOFR」，即「Term SOFR」）

#48. The FCA and the Bank of England encourage market ...

Do you support a 'SOFR-First' Convention Switch for the US dollar interest rate swaps market in the UK on 26 July 2021 in line with the MRAC ...

#49. US swaptions slowly ditch Libor as 'SOFR First' bites - Risk.net

An attempt to steer non-linear derivatives towards the secured overnight financing rate, or SOFR, has yet to deliver a widespread switch to ...

#50. What you need to know about SOFR - Synovus

The Alternative Reference Rates Commission (ARRC) identified the Secured Overnight Financing Rate (SOFR) as an alternative reference rate to replace LIBOR.

#51. SOFR – What you need to know | - Clarus Financial Technology

The SOFR rate is calculated using a very broad spectrum of repo trades (repurchase agreements). Generally, a repo trade means that Counterparty ...

#52. Overnight LIBOR and SOFR Performance During the COVID ...

The New York Federal Reserve (“NY Fed”) has been publishing overnight SOFR rates since April 2018. In March 2020, the NY Fed began publishing ...

#53. Toomey Warns Regulators Against Restricting SOFR ...

Toomey Warns Regulators Against Restricting SOFR Alternatives. Washington, D.C. – In his opening statement at today's U.S. Senate Banking ...

#54. SOFR Definition: 5k Samples | Law Insider

SOFR means the secured overnight financing rate published by the Federal Reserve Bank of New York, as administrator of the benchmark (or a successor ...

#55. LIBOR transition - ARRC formally recommends Term SOFR

Second, Term SOFR likely will be extensively used in USD loan agreements going forward, since interest rate alternatives to USD LIBOR that are ...

#56. What is SOFR, and Why is it Replacing LIBOR? - Penserra

The Secured Overnight Financing Rate (SOFR) is a reference rate that determines pay-offs in a financial contract and that is outside the control of parties to ...

#57. LIBOR Transition | Federal Housing Finance Agency

FHFA worked with Fannie Mae and Freddie Mac to develop the parameters of a SOFR-based adjustable-rate mortgage (ARM) and to develop more ...

#58. LIBOR vs SOFR - Financial Resources | Pensford

The financial industry aimed to create an alternative to LIBOR so ARRC announced the selected rate in 2017, the Secured Overnight Financing Rate (SOFR).

#59. What Commercial Borrowers Need to Know About LIBOR ...

What Commercial Borrowers Need to Know About LIBOR Sunset, SOFR, BSBY and AMERIBOR. by Brion J. Kirsch. It probably goes without saying, but not ...

#60. The Story SOFR: Institutional Adoption of New RFRs - Markets ...

SOFR trading on Tradeweb as a percentage of new risk was a record in September.

#61. Documenting SOFR Loans: 8 Things for Borrowers to Think ...

There are not many sources of guidance for developing SOFR loan documentation, but here are a few: There are a handful of precedent deals, ...

#62. Buyside favours SOFR over credit-sensitive rates

Investment managers speaking at the fifth ARRC SOFR symposium expressed their preference for the secured overnight financing rate, ...

#63. Repo-market turmoil may not spell SOFR's end - MSCI

But because SOFR will be widely used as a benchmark rate, many market participants could be indirectly impacted by repo-market volatility.

#64. LIBOR: The introduction of forward-looking SOFR - DWF

The adoption of SOFR Term Rate marks the completion of the 'Paced Transition Plan' developed by the ARRC. The ARRC had also published a set ...

#65. BAFT Releases SOFR: Trade Finance Priorities White Paper ...

New report examines the implications of transitioning away from LIBOR to SOFR for the trade finance industry. WASHINGTON — BAFT, the leading ...

#66. SOFR,SORA–進展和後備方案 - DBS

SOFR 、SORA–進展和後備措施. 從倫敦銀行同業拆借利率(Libor)機制向替代性無風險利率的過渡一直在加速。自替代參考利率委員會(ARRC)於2017年指定有擔保 ...

#67. Banks Press Ahead with Term SOFR Preparation - LIBOR ...

Banks Press Ahead with Term SOFR Preparation; Credit Sensitive Rates Under Scrutiny. By Donald A. Ensing & Susan Rodriguez on October 12, 2021.

#68. SOFR Emerging As Alternative To LIBOR In US Debt Markets

SOFR has emerged as the leading rate to replace dollar LIBOR, which is now scheduled to phase out for new-issue transactions by December ...

#69. Financing Treasury Debt with SOFR Floating Rate Notes

SOFR is published daily by the Federal Reserve Bank of New York (FRBNY) since April 2, 2018. The chart below, obtained from the FRBNY website, ...

#70. Secured Overnight Financing Rate (SOFR) definition

The Secured Overnight Financing Rate (SOFR) is the overnight interest rate for US dollar-denominated loans and derivatives. SOFR measures the cost to a bank ...

#71. IDB launches its first ever USD 1 billion 5-year SOFR Index ...

The bond pays a quarterly floating coupon of compounded SOFR + 20 basis points and matures on February 10, 2026, with a settlement date of ...

#72. SOFR - International Swaps and Derivatives Association

ISDA Responds to the FASB's Proposal on SOFR. ISDA's Accounting Committee supports the Financial Accounting Standards Board's (FASB) actions to add the ...

#73. Australia's State of the Forests Report 2018 - Agriculture.gov.au

SOFR 2018 reports data for the five-year period from 2011-12 to 2015-16, unless otherwise stated. SOFR 2018 is a key source of comprehensive, ...

#74. Top 10 things you should know about SOFR - Wells Fargo

In June 2017, the ARRC recommended SOFR (the Secured Overnight Financing Rate) to replace USD. LIBOR as the benchmark interest rate in derivative and other ...

#75. Not SOFR Away: LIBOR Transition Begins - Oliver Wyman

Our report discusses the implications of the SOFR rate, and near-term “no regrets” actions that institutions should be taking to organize their transition ...

#76. The LIBOR-SOFR Spread Adjustment - Dixon Hughes Goodman

SOFR relies entirely on transactional data, whereas LIBOR is a consensus of rates submitted by a panel of banks.

#77. Term SOFR benchmark: Is the market ready? - Refinitiv

We explore the current status of the SOFR derivatives markets and review whether the market is ready for a Term SOFR benchmark.

#78. Term SOFR vs BSBY in the Loan Market: Moore & Van Allen

Term SOFR, BSBY or one of the other SOFR rates? A few thoughts below, but at this point I think Lenders need to begin considering how rate ...

#79. Moving from LIBOR to SOFR - Capital Advisors Group

In the U.S., this has led to the introduction of SOFR (the Secured Overnight Financing Rate) as a replacement benchmark interest rate for short- ...

#80. “SOFR First” Initiative Takes Flight - Global Financial ...

Over the past few years, the Secured Overnight Financing Rate (SOFR) has emerged as the alternative reference rate to USD LIBOR with the most ...

#81. What is SOFR? - Federal Home Loan Bank | Des Moines

What is SOFR? In 2017, the Alternative Reference Rates Committee (ARRC) selected the Secured Overnight Financing Rate (SOFR) as the rate that represents ...

#82. Secured Overnight Finance Rate (SOFR) | Rocket Mortgage

SOFR is an interest rate set based on the cost of overnight borrowing for banks as defined by U.S. Treasury repurchase agreements – also ...

#83. LIBOR to SOFR Transition - Capital One

While LIBOR is based on panel bank input, SOFR is a broad measure of the cost of borrowing cash overnight collateralized by U.S. Treasury securities in the ...

#84. SOFR So Good! IRS Makes It Easier to Say 'Goodbye' to LIBOR

The Secured Overnight Financing Rate (SOFR) was selected by ARRC as the preferred replacement for USD LIBOR and the Federal Reserve Bank of ...

#85. Q&A With ARRC's Tom Wipf: The Shift to Term SOFR

AT A GLANCE. The selection of CME Group's Term SOFR rate “fills the gap,” for multi-lending facilities, middle market loans and trade finance ...

#86. Ford Credit Issues Private ABS Linked to Alternative ...

... is linked to the secured overnight financing rate (SOFR) as a benchmark. This transaction also includes a SOFR-based interest rate hedge.

#87. ARRC Formally Recommends CME Group's SOFR Term Rates

ARRC formally recommended the use of forward-looking Secured Overnight Financing Rate (SOFR) term rates (Term SOFR) from the CME Group as a ...

#88. LIBOR's Transition to SOFR - Federal Home Loan Bank of ...

LIBOR's Transition to SOFR. UPDATE: On March 16, 2020, the FHFA extended to June 30, 2020 the FHLBanks' ability to enter into LIBOR-based instruments that ...

#89. LCH clears first SOFR swaps

SOFR was first published by the Federal Reserve Bank of New York in April 2018. Michael Davie, Global Head of Rates, LCH, said: “The U.S. dollar ...

#90. LIBOR Transition: Term SOFR Formally Recommended… All ...

A robust market in regular SOFR loans and swaps is a necessary element to developing Term SOFR and Term SOFR swaps. In recommending Term SOFR, ...

#91. Groundbreaking SOFR-linked Sukuk Issued by the Islamic ...

IsDB' s debut SOFR-linked Sukuk is a 3-year Floating Rate Note (FRN) that raised US$ 400 million from a single investor on a Private Placement ...

#92. LIBOR vs. SOFR: The Key Differences You Need to Know

Unlike LIBOR, SOFR is based on actual transactions — namely, overnight transactions in the Treasury repo market. Thus, SOFR is a more accurate means of ...

#93. LIBOR Meets SOFR | Legal Alerts | Allen Matkins

Unlike USD LIBOR (which depends on submissions by lenders as to their costs of interbank borrowing), SOFR is a virtually risk-free rate and has ...

#94. The ARRC's 'Guide to Published SOFR Averages' - Shearman ...

On May 11, 2021, the Alternative Reference Rates Committee (ARRC) released the “Guide to Published SOFR Averages” in order to provide market ...

#95. What is Secured Overnight Financing Rate (SOFR)?

SOFR is a benchmark interest rate that replaced LIBOR. See what SOFR is, recent SOFR rates and how SOFR compares to LIBOR.

#96. 美國財政部研究發行與SOFR掛鉤債券－外匯 - 中國工商銀行 ...

據報道，美國財政部正在研究與美版市場指標利率“有擔保隔夜融資利率”（Secured Overnight Financing Rate，簡稱SOFR）掛鉤債券發行事宜。

#97. CAF First Latin American Issuer to Place SOFR-based Bonds

CAF—development bank of Latin America—became the first Latin American issuer to place bonds under the SOFR (Secured Overnight Funding Rate), ...

#98. 亚行金融贷款产品参考利率过渡建议资料文件

5 SOFR 由纽约联邦储备银行在2018 年后发布，它能够充分代表美国国债隔夜回购市场的一般融资状况。 6 2019年7月，经改革后的欧元银行同业拆借利率（ ...