<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=68038&amp;fmt=gif">

Guide: LIBOR to SOFR Transition

RiskSpan's consulting experts explain the basics of the LIBOR to SOFR transition.

The Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by U.S. Treasury securities.

SOFR is an overnight, secured, nearly risk-free rate, while LIBOR is an unsecured rate published at several different maturities. It is a fully transaction-based rate incorporating data from transactions across three segments of the U.S. Treasury Repo market.

Get the Guide

We will cover:

In our guide, LIBOR to SOFR Transition, we cover the basics of the transition, and what you need to get ready. Including:

  • What LIBOR is and why it is changing
  • What SOFR is
  • Who this transition affects
  • What steps institutions need to take