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17 kwi 2024 · CME Term SOFR has been widely adopted to replace USD LIBOR for new business loans, credit facilities, and as a fallback rate for legacy LIBOR loans. Contact us to understand license types, key terms, and agreements that are required for use of CME Term SOFR. Data as of April 17, 2024.
- Fact Sheet
The CME Term SOFR Daily Total Return Indices are calculated...
- Fact Sheet
It captures the outstanding notional value of the financial products, issued by UK supervised entities, that reference CME Term SOFR Information under the Category 1 and Category 2 Use licenses. Here we will discuss these requirements in more detail and provide sample reporting formats.
26 kwi 2023 · The CME Term SOFR Reference Rates benchmark is a daily set of forward-looking interest rate estimates, calculated and published for 1-month, 3-month, 6-month and 12-month tenors. CME Term SOFR Reference Rates are: Endorsed by the ARRC. Designed to adhere to the IOSCO Principles for Financial Benchmarks. Compliant with Benchmark Regulations.
As previously communicated and in keeping with regulatory guidance, beginning on January 1, 2022, we will no longer offer USD LIBOR pricing for new, extended, increased, repriced or renewed facilities. The Secured Overnight Financing Rate, or SOFR, is our preferred replacement rate methodology for USD facilities. 1.
SOFR Averages and Index Data. As an extension of the Secured Overnight Financing Rate (SOFR), the SOFR Averages are compounded averages of the SOFR over rolling 30-, 90-, and 180-calendar day periods.
24 sie 2021 · The CME Term SOFR Rates may also help market participants to meet supervisory guidance from U.S. banking regulators that effectively precludes the use of most USD LIBOR rates 14 in new transactions after the end of 2021. Recommended Best Practices for Using CME Term SOFR Rates in New Contracts
April 2022. CME Term SOFR. Published daily in 1-month, 3-month, 6-month, and 12-month tenors. CME Term SOFR Reference Rates provide an indicative, forward-looking measurement of SOFR rates, based on market expectations implied from leading derivatives markets. Key features: Reliable. Can be produced in all market conditions. Robust.
