Fincad News
The Derivatives Market ‘X Factor’
By David Munves, CFA | February 24, 2022

Much ink has been spilled over the sunsetting of the London interbank offered rate (LIBOR) and its replacement (in U.S. dollars) by the Secured Overnight Funding Rate (SOFR). In this Treasury & Risk article, we address some of the big unknowns in the transition from LIBOR to SOFR.