Market welcomes SOR fallback consensus
Clarification of five-year median spread adjustment is helpful, but “no magic bullet”
Source: risk.net
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Clarification of five-year median spread adjustment is helpful, but “no magic bullet”
Temporary publication under SOFR-based methodology could mop up 40% of dollar bond issues
CCP to ditch pre-emptive basis splitting in April and May switchover, but retains overlay swaps
Banks “moving away” from antiquated lending practice that is a key input for CDOR benchmark
Administrator Refinitiv could end benchmark as soon as next week following withdrawal of contributors