29/07/2021

ARRC announces their decision as “a major milestone in the transition away from U.S. dollar (USD) LIBOR, providing market participants with an essential transition tool”

See the official press release from ARRC here – https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2021/ARRC_Press_Release_Term_SOFR.pdf

Refer to the ARRC website at the following address – https://www.newyorkfed.org/arrc/index.html