Secured Overnight Financing Rate SOFR Updates
SOFR’s calculation uses data from a broad spectrum of repo transactions, ensuring a comprehensive market representation. This variety in data sources contributes to SOFR’s stability and reliability, https://www.topforexnews.org/software-development/best-linux-command-line-tools-network-engineers/ making it a crucial tool for financial decision-making and policy development. In June 2023, the U.S. dollar London Inter-Bank Offered Rate (LIBOR) will likely be discontinued. SOFR, …