US loan market unprepared for Libor transition

NEW YORK, Oct 5 (LPC) - US institutional investors are unprepared for the looming transition to the Secured Overnight Financing Rate (SOFR) as the 2021 date to replace Libor, the reference rate for more than US$350trn of assets globally, draws closer.

https://ift.tt/2yeTGfe support@endlesssupplies.biz (Endless Supplies .Biz) October 05, 2018 at 01:02PM