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The secured overnight financing rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans that is replacing the LIBOR. SOFR is a benchmark rate administered by the Federal Reserve Bank of New York (New York Fed) which has been selected to replace USD LIBOR. SOFR itself is a backward-looking overnight rate because it is based on overnight transactions in the U.S. Treasury repo market.
Which country became the 101st member of the International Solar Alliance (ISA)?
Who is the author of the book ‘ Divorce and Democracy : A History of Personal Law in Post - Independence India ’ ?
Who launched the 'Northeast Odyssey' motorcycle expedition in October 2024?
In the 2024 Best Countries ranking, which country topped the “Best Countries for Adventure” list?
Who is recognized as the pioneer of Local Self-Government in India?
Kadam - India’s first indigenous polycentric prosthetic knee has been designed by which institute of India?
The _________________ has released new guidelines for advertisers publishing ads about virtual digital assets (VDA) including cryptocurrencies and non-f...
What is the primary purpose of the Indian International Maritime Dispute Resolution Centre (IIMDRC)?
Which of the following document provides details of tax and non-tax revenue receipts and capital receipts and explains the estimates?
_________ has inked an MoU with the Small Industries Development Bank of India (SIDBI) to provide access to financing options to micro, small, and med...