United States
SOFR For a long time, most floating-rate corporate loans in the US were priced off Libor, the London interbank offered rate, a publicly reported index of bank borrowing costs. Method 2 is sort of the standard paradigm for how the US stock market works. How a prestigious Wall Street law firm got caught up in FTX s chaos. In the US, this meant mainly SOFR, the Secured Overnight Financing Rate. Josh Kushner Is Richer Than Trump After Billionaires Back His Firm.
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