LIBOR Meets SOFR - Finance and Banking mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
SOFR is a virtually risk-free rate and has an enormous underlying transaction value, a widely diverse range of direct and indirect market participants and is administered by the NY Federal Reserve Bank and is is subject to review by the New York Fed Oversight Committee.
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