The ARRC Issues Updated Report
In March, the ARRC Issued a second report, as an update to its initial report on LIBOR replacements. Highlights of this update include:
- The addition of SOFR tenors to their paced transition plan
- Further examination of contractual language for fallbacks
- Estimates on the size of activity that currently references US dollar LIBOR
We've updated our handy LIBOR replacement watchlist with these highlights and all the latest changes to the LIBOR replacement effort: WATCHLIST: Replacing LIBOR.
About Principia Partners
Principia Partners LLC provides solutions for derivative and fixed income operations. Global financial institutions and independent asset managers have used the award-winning Principia Analytic System since 1995 to unify valuations, portfolio management, risk surveillance, hedge accounting and operational control across the breadth of fixed income and derivative products. In 2015, Principia launched its Analytic Service, pasVal, to make its award-winning pricing and analytics available to an even broader range of businesses.