ARRC reconvenes task force to evaluate term SOFR curbs

Concerns over one-sided market for term SOFR swaps prompts review of ‘scope of use’ guidelines

The Federal Reserve-backed industry group charged with steering US markets away from Libor has reconvened a task force of buy-side and sell-side derivatives users to evaluate whether strict curbs on trading a forward-looking version of the secured overnight financing rate should be loosened. The debate is widely expected to unlock broader use of the benchmark in derivatives, though officials are tempering hopes for a full-scale opening of the floodgates.

The term rate task force, a sub-group of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: