The Credit Strategist

The Credit Strategist

Share this post

The Credit Strategist
The Credit Strategist
Benchmarks
Copy link
Facebook
Email
Notes
More

Benchmarks

The Credit Strategist Blog

The Credit Strategist's avatar
The Credit Strategist
Jun 19, 2023
∙ Paid
6

Share this post

The Credit Strategist
The Credit Strategist
Benchmarks
Copy link
Facebook
Email
Notes
More
Share

Two of the most important benchmarks in the financial world are changing this month.

LIBOR, which was used to price trillions of dollars of financial contracts, will be gone as of June 23, 2023, replaced by new benchmark rates like SOFR (the Secured Overnight Financing Rate favored by JP Morgan and others). SOFR is a broad measure of the cost of borrowi…

Keep reading with a 7-day free trial

Subscribe to The Credit Strategist to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Michael Lewitt
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More