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libor transition

SOFR Explained: How the Post-LIBOR Benchmark Actually Works

September 12, 2026September 3, 2026 by Bruno
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.

Categories Market Education Tags capital markets, federal reserve, interest rate benchmarks, libor transition, repo market, SOFR

Interest Rate Swaps Explained: Fixed-for-Floating and SOFR

September 12, 2026July 29, 2026 by Bruno
Interest Rate Swaps Explained: Fixed-for-Floating and SOFR

How an interest rate swap turns floating debt into fixed. Mechanics, a $100M worked example, SOFR after LIBOR, and Dodd-Frank clearing.

Categories Market Education Tags capital markets, dodd-frank swaps, fixed for floating swap, interest rate swaps, libor transition, SOFR

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