Ironing out the wrinkles in the post-LIBOR landscape

On April 21, the Alternative Reference Rates Committee (ARRC) issued an update to their scope of use and best practices for CME Term SOFR.

We are excited to share market insights, best practices, and product enhancements from our advisory teams focused on community and regional financial institutions. Topics will include borrower swaps, balance sheet risk management, hedge accounting, and regulatory compliance, among others.

In a conversation with S&P Global Market Intelligence, Ben Lewis and Chris Funck explained why back-to-back swaps, a type of hedging program that allows banks to offer commercial borrowers fixed-rate payments while simultaneously laying off the interest rate risk, could accelerate this year after...

Todd Cuppia shares his perspective with American Banker on the LIBOR transition and how community and regional banks responded to the December 2021 deadline on new LIBOR issuance.

S&P Global examined the choices banks face after the December 2021 deadline, recommending against new LIBOR transactions. Matthew Tevis provided insight on how Chatham's bank clients view the transition and what their focus has been at the start of 2022.

As SOFR gains ground with community and regional banks, Matt Tevis discusses with American Banker what will happen with leading LIBOR alternative rates.

The Alternative Reference Rates Committee issued updated guidance regarding the scope of use for Term Secured Overnight Financing Rate (SOFR) derivatives.

The transition from LIBOR is quickly approaching, and the market is evolving daily. Many financial institutions are looking for guidance to better prepare their organizations. We put together answers to many commonly asked questions that involve LIBOR-based derivatives.