<p><span>Today Refinitiv commences publication of forward-looking term rate versions of its ARRC recommended fallback rates - USD IBOR Cash Fallbacks. This follows the Alternative Reference Rates Committee’s (ARRC) March 2021 </span><a title="ARRC press release" href="https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2021/20210317-press-release-Spread-Adjustment-Vendor-Refinitiv.pdf">announcement</a><span> that it had selected Refinitiv to publish its recommended fallback rates for cash products, and Refinitiv’s July 2022 </span><a title="Refinitiv press release" href="https://www.refinitiv.com/en/media-center/press-releases/2022/july/refinitiv-to-launch-forward-looking-term-rate-versions-of-arrc-recommended-fallback-rates">announcement</a><span> that it intends to launch the new USD IBOR Cash Fallbacks settings in Septe