Which of the following is an Alternate reference interest rate for dollar denominated derivatives and loans that replaced LIBOR?
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.
Identify a class of compounds that has a functional group –OH.
What is the percentage increase in the number of subscribers under the National Pension Scheme ( NPS ) and Atal Pension Yojana ( APY ) as reported by t...
The behaviour of lithium is similar to that of magnesium. This sort of similarity is commonly referred to as:
Who demonstrates the multiplicative process of becoming amino acids from polypeptide?
Which freedom fighter is popularly known as Lok Nayak?
Which city in Brazil is set to host the 2024 Group of 20 (G20) Summit in July?
What is the strength of Maharashtra in the Lok Sabha as of September 2020?
Which of the following statement is not true about Prime Minister's National Relief Fund (PMNRF)?
Which of the following is not a type of coral reef?
Which of the following city was in opened India's first National Museum of Indian Cinema (NMIC)?