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CME Group Inc.

Q&A With ARRC’s Tom Wipf: The Shift to Term SOFR

Q&A With ARRC’s Tom Wipf - The Shift to Term SOFR

CME Group’s Secured Overnight Financing Rate (SOFR) Term Rates have seen extensive client interest since the Alternative Reference Rates Committee (ARRC) endorsed them on July 29, with the move marking the last step in the ARRC’s Paced Transition Plan from LIBOR.

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