Printer Friendly

ICE Benchmark Administration Limited launches ICE Term RFR Portal.

LONDON: Intercontinental Exchange, Inc. announced that ICE Benchmark Administration Limited (IBA) has launched the ICE Term RFR Portal and published a paper on potential term structures for alternative Risk Free Rates (RFRs).

IBA's preliminary methodology for deriving term SONIA is set out in detail in the published paper, together with other approaches that could be used to derive forward-looking Term Rates for SONIA and the other RFRs. Over time, where market conditions permit, IBA hopes to include forward-looking Term Rates for all the RFRs on the ICE Term RFR Portal based on these approaches.

Intercontinental Exchange is a leading operator of global exchanges and clearing houses and provider of data and listings services. The ICE Term RFR Portal is designed to provide market participants with key information on RFRs on a daily basis. Initially IBA plans to include the following in the ICE Term RFR Portal:

1. Preliminary forward-looking one, three and six month Term Rates for SONIA (the Sterling RFR), derived from futures contracts data;

2. Realised simple and compounded averages for one, three and six month periods for SONIA, SOFR (the US Dollar RFR) and TONA (the Japanese Yen RFR); and

3. The daily published rate for SONIA, SOFR and TONA.

COPYRIGHT 2018 Plus Media Solutions
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Daily the Pak Banker (Lahore, Pakistan)
Date:Oct 17, 2018
Words:203
Previous Article:Columbia Threadneedle Investments expands its ETF offerings.
Next Article:Empire Petroleum Corporation acquires assets located in St. Landry.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters