Discover and read the best of Twitter Threads about #SOFR

Most recents (1)

I've been out of the game a while, #SOFR set to replace the #LIBOR.
This actually makes some sense to me. Secured Overnight Financing Rate is recorded though the Federal Reserve. I haven't looked much into it, seems very similar to the prime rate from what I have seen as of yet.…
I always wondered why the London International Bank offered Rate was such a dominate index in American banking. Sometimes COFI (cost of funds index) or a few various Treasury indexes would pop up but its almost always the Liber.
Read 8 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!