Leaving LIBOR: A Landmark Transition

J.P. Morgan nurtures a new benchmark, SOFR, and breaks
down what it means for nearly $200 trillion of assets.

A new benchmark reference rate, the Secured Overnight Financing Rate (SOFR), is positioned to transform USD-based financial markets, heralding a transition from the London Interbank Offered Rate (LIBOR).


Original Post: https://www.jpmorgan.com/country/US/EN/markets/libor-sofr

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