SOFR Explained: How the Post-LIBOR Benchmark Actually Works
SOFR replaced LIBOR as the reference for trillions in dollar debt. Here is how it is calculated, what moves it, and why September 2019 still matters.
interest rate benchmarks
SOFR replaced LIBOR as the reference for trillions in dollar debt. Here is how it is calculated, what moves it, and why September 2019 still matters.