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The middle Road is offering long term subscription to audience; contact nishant@themiddleroad.org

End of LIBOR…So what is SOFR?

LIBOR, the benchmark rate for trillions of dollars of financial products is going to be phased out. This news escaped my radar until recently, and now there are many articles on this subject. One of the benchmark rates coming up as a substitute is SOFR. So what is SOFR?

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