Bumpy Road Ahead - LIBOR-SOFR Transition Recording

Summary: Bumpy Road Ahead – LIBOR-SOFR Transition Webinar Recording | Date Held: May 25, 2021

Why It Matters

With such a significant portion of financial instruments tied to LIBOR, the transition to SOFR and other risk-free rates is critical. Institutions that fail to adapt risk exposure to basis risk, valuation mismatches, and regulatory scrutiny. The webinar emphasized the urgency of proactive transition efforts and highlighted practical strategies for financial institutions to stay ahead of the curve.

In this session, we focused on why financial institutions are transitioning away from LIBOR as a benchmark, and how your institution can prepare for the transition.

More than $200 trillion in US dollar denominated assets are pegged to LIBOR, which is going away in less than two years. How will this seismic change impact your financial institution? Tune in to learn more about why LIBOR is disappearing, how it impacts both new issues and outstanding bonds, what alternative benchmarks may be used after LIBOR, and what your financial institution needs to do to prepare.

Key Objectives & Key Take-Aways:

  • Understand why the world is transitioning away from LIBOR
  • Describe and compare the alternatives to LIBOR, including SOFR and Ameri-BOR:
  • Determine the impact on current and new issue bonds from the benchmark change
  • Highlight steps your institution can take in preparation for the change