FRBNY, LSTA and Credit Sensitivity
In January, the Federal Reserve Bank of New York (“FRBNY”) invited the LSTA to present to its Credit Sensitivity Group (“CSG”) on i) lessons learned…
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Slight SOFR Snafu (But Rate Barely Moves)
On April 3, 2018, the New York Federal Reserve Bank (FRBNY) began publishing SOFR, the Secured Overnight Financing Rate, which is a potential replacement for…
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