Episode 1 of a 6-part series in "The Great Transition: LIBOR-SOFR"
In episode 1, Thomas Settino, FHLBNY Vice President and Director of Member Relations, and Rei Shinozuka, Head of the Benchmark Index Transition Office at the FHLBNY, summarize the history behind the London Interbank Offered Rate (LIBOR) and what you can expect as the industry transitions to the Secured Overnight Financing Rate (SOFR).
Upcoming Episodes
Episode 2: Federal Home Loan Banks: Leading the Charge
Episode 3: Jumping on the SOFR Bandwagon
Episode 4: The Fallback after LIBOR
Episode 5: LIBOR — It’s Not Just Your Balance Sheet
Episode 6: The Regulators — They’re From the Government and They’re Here to Help