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SOFR The Secured Overnight Financing Rate
7:54
YouTubeInvest with Wesley
SOFR The Secured Overnight Financing Rate
SOFR or the Secured Overnight Financing Rate is a benchmark interest rate for dollar-denominated derivatives and loans that is replacing the London interbank offered rate (LIBOR). Interest rate swaps on more than $80 trillion in notional debt switched to the SOFR in October 2020. This transition is expected to increase long-term liquidity but ...
30.6K viewsFeb 26, 2021
Sofr Rate Explained
WHAT IS SOFR? (EASIEST EXPLANATION) Straight to the Point #STTP #202
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WHAT IS SOFR? (EASIEST EXPLANATION) Straight to the Point #STTP #202
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