Rate Floors & Simple SOFR: Six Degrees of Separation
Last week, we flagged that LIBOR floors were back in a big way in the institutional loan market.
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LIBOR Transition: Two Tools Here, Two Tools Coming!
There’s been major momentum on risk-free rate (“RFR”) tools in the last few weeks.
SOFR Index (and Averages) are Coming!
he SOFR Index (and Averages) have created considerable buzz in the loan space. The good news: Last week, the New York Fed announced it would…
SOFR: Your Vote Counts
SOFR tools are coming! On November 4th, the FRBNY released a request for public comment on an official “SOFR Compound Average” and a “SOFR Index”.…
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