Tags - The new

Young journalists club

Tags - The new
TEHRAN, April 03 -The New York Federal Reserve on Tuesday will begin to publish the Secured Overnight Financing Rate (SOFR), a rate that regulators hope will eventually be adopted to back U.S. dollar-based derivatives and loans. The aim is that the new rate will eventually reduce markets’ dependence on Libor.
News ID: 21205    Publish Date : 2018/04/03