25 min listen
This Is The Index That's Supposed To Replace LIBOR
FromOdd Lots
ratings:
Length:
31 minutes
Released:
Jun 2, 2020
Format:
Podcast episode
Description
Welcome to Part II of the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a look at life after LIBOR, the interest rate tied to more than $350 trillion worth of financial assets.
Troubles with LIBOR have kickstarted a massive project to transition to a new benchmark interest rate for financial markets. On the second episode of our series, we speak with Joe Abate, money market strategist at Barclays, about the proposed replacement known as the Secured Overnight Financing Rate, or SOFR. How is it different to LIBOR and what are the downsides of having an interest rate tied to actual marketplace transactions?
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Troubles with LIBOR have kickstarted a massive project to transition to a new benchmark interest rate for financial markets. On the second episode of our series, we speak with Joe Abate, money market strategist at Barclays, about the proposed replacement known as the Secured Overnight Financing Rate, or SOFR. How is it different to LIBOR and what are the downsides of having an interest rate tied to actual marketplace transactions?
Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Released:
Jun 2, 2020
Format:
Podcast episode
Titles in the series (100)
Episode 17: How One Analyst Uncovered a $7 Billion Fraud: Episode 17: How One Analyst Uncovered a $7 Billion Fraud by Odd Lots