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Private lender ICICI Bank on Thursday announced that it has executed its first term loan and cross currency swap derivative transactions linked to Secured Overnight Financing Rate (SOFR). ....
SOFR Academy, Inc., a digital education and data provider, announced the publication of additional materials regarding the Across-the-Curve Credit Spread Indexes (AXI). The indexes are robustly defined ....
Risk.net Credit-sensitive SOFR add-on could be included in Isda’s interest rate definitions by mid-April Print this page
New standards are being drawn up for trading in swaps referencing Bloomberg’s short-term bank yield index (BSBY), one of a handful of credit-sensitive benchmarks vying for a place in the post-Libor markets. The International Swaps and Derivatives Association has created documentation that would govern trading in BSBY swaps, which was sent to members on March 23. Following a comment period, the new benchmark will be added to the trade body’s interest rate definitions in mid-April. “We currently Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. ....