Posts

LIBOR Replaced By SOFR – So Far, So Good?

Lenders and borrowers: the “haves” and the “have-nots”. Their actions have shaped the history of the world, and how they respond to crisis and change is fascinating and informative.  Fixed rates are prudent and certain, but cash flow can be king.  When current monthly payments matter more than later ones, borrowers often elect to float […]

A LIBOR Eulogy? Not So Fast

Financial newswires have been abuzz recently with the formal announcement by a UK regulatory authority last Thursday that LIBOR will be replaced by 2021. While surprising to some, regulators have sought a replacement for LIBOR for some time as past rigging scandals and an overall lack of transactional data to support its use tainted the […]