Question
Which of the following is an Alternate reference
interest rate for dollar denominated derivatives and loans that replaced LIBOR?Solution
The secured overnight financing rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans that replaced the LIBOR. SOFR is a benchmark rate administered by the Federal Reserve Bank of New York (New York Fed) which replaced the USD LIBOR in June 2023. SOFR itself is a backward-looking overnight rate because it is based on overnight transactions in the U.S. Treasury repo market. and is preferable to LIBOR since it is based on data from observable transactions rather than estimated future borrowing rates. While SOFR became the benchmark rate for dollar-denominated derivatives and loans, other countries have sought their own alternative rates, such as SONIA and EONIA.
Select the most appropriate sequence from the given options to make a meaningful paragraph from jumbled sentences.
A. She was a tall woman and ...
It ignores the real victim,
P: of getting justice
Q: often compelling him/her
R: to find bad methods
In the following questions, a sentence is given with two blanks. Identify the correct pair of words that fit in the sentence to make it grammatically a...
Given below are four jumbled sentences. Select the option that gives their correct order forming a meaningful and coherent paragraph.
A-many peop...
It was so easy to catch fish
P. he were in the fishing trade
Q. could have made great profits if
R. there that the Heron
Choose the appropriate option to arrange the sentences in the correct order to form a meaningful paragraph.
A-To defend conservative values,
...Which would be the last sentence after rearrangement?
In the questions given below, a sentence has been broken down into four fragments labelled (A), (B), (C) and (D) and arranged, not necessarily in the c...
Parts of the following sentence are given as options. Identify the segment that contains a grammatical error.
This question paper comprises from ...
Sentences of a paragraph are given below in jumbled order. Arrange the sentences in the correct order to form a meaningful and coherent paragraph.
...
Relevant for Exams:
