Question

    Which rate has replaced

    LIBOR?
    A SOFR Correct Answer Incorrect Answer
    B MIBOR Correct Answer Incorrect Answer
    C EURIBOR Correct Answer Incorrect Answer
    D TIBOR Correct Answer Incorrect Answer
    E SIBOR Correct Answer Incorrect Answer

    Solution

       The Secured Overnight Financing Rate (SOFR) is replacing LIBOR as a benchmark interest rate for dollar denominated derivatives and loans.

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