Iosco criticism dents AFX’s plans for Ameribor derivatives

SOFR alternative continues to be widely used to price regional bank loans

Working around obstacle

A regulatory crackdown on credit-sensitive Libor replacements has side-tracked ambitious plans by the new owners of the American Financial Exchange (AFX) to expand the use of Ameribor in over-the-counter derivatives, but the bourse’s chief executive says the benchmark can survive as a lending rate for regional banks even without a rubber stamp from supervisors.

Ameribor – a measure of US regional bank funding rates published by the AFX – was one of two credit-sensitive rates (CSRs) deemed to

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a 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