Which of the following is an Alternate reference interest rate for dollar denominated derivatives and loans that replaced LIBOR?
The secured overnight financing rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans that replaced the LIBOR. SOFR is a benchmark rate administered by the Federal Reserve Bank of New York (New York Fed) which replaced the USD LIBOR in June 2023. SOFR itself is a backward-looking overnight rate because it is based on overnight transactions in the U.S. Treasury repo market. and is preferable to LIBOR since it is based on data from observable transactions rather than estimated future borrowing rates. While SOFR became the benchmark rate for dollar-denominated derivatives and loans, other countries have sought their own alternative rates, such as SONIA and EONIA.
When did the LPG reform Budget was introduced in 1991?
Which of the following is an example of a non-monetary item that would not be recorded in the financial statements under the Money Measurement Concept?
Which of the following statements about the International monetary fund (IMF) is/are correct?
1. Reduce poverty around the world is one of the ...
Which of the following statements regarding “Right to education act 2009” is/are correct?
I. The RTE Act aims to pro...
Consider the following statements:
1. Only two planets Venus and Uranus revolve around the Sun from east to west i.e. clockwise.
2. While ...
Which of the following are true about Shivaji?
He was a disciple of Ramdas Samarth.
Which one of the following pairs of Zonal Railways and their Headquarters is not correctly matched?
Which one of the following elements is not naturally found in human beings?
Sum of the present ages of A, B, C and D is 60 years. After 6 years ratio of their ages is 5:4:3:2. What is C’s present age?
The co-ordination number of a metal in co-ordination compounds is the: