Refinitiv introduces USD IBOR Cash Fallbacks prototype
Refinitiv has announced the launch of USD IBOR Cash Fallbacks, which will leverage the firm’s extensive experience in administering benchmarks, such as Refinitiv Term SONIA, to create a family of US Dollar (USD) fallback rates for use in cash markets. The London InterBank Offered Rate (LIBOR) underpins hundreds of trillions of dollars of financial instruments…
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