The latest analysis of RFR adoption is now available.
The latest analysis of the adoption of alternative risk free rates (RFRs) such as SOFR and SONIA is now available. Key highlights include:
- RFRs global activity in cleared OTC and exchange-traded IRD has increased by nearly 10% from last quarter
- IRD traded notional as similarly increased from last quarter
- The traded notional of OTC IRD with RFRs is now at $27.1 trillion compared to only $17.5 trillion in the last quarter
- SOFR-specific IRD has increased to $12.8 trillion from $5.6 million in the previous quarter
Please visit www.pasVal.com for more information.
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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.