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.
Largest soil order in world is
The critical nutrient range in the context of soil fertility is explained by?
In soil, net Immobilization of Carbon & Phosphorus occurs when ratio is:
Example of igneous rock is
Which of the following property of soil can’t be changed by any means?
Which factor significantly influences the decomposition rate of organic matter in soils?
What soil moisture constant refers to the capacity of soil to retain water against the downward pull of gravity?
Disorders like Hollow Stem of Cauliflower; Browning of Cauliflower ; Top sickness of Tobacco is caused due to the deficiency ofÂ
When the contact of soil moisture still decreased below the wilting point in way that the water is held very tightly & may be state of vapour around soi...
Drought which is related to moisture deficits in vegetation roots , lead to crop growth stress, crop yield reduction or failure driven by low precipit...