Sep-18 LIBOR Replacement: Watchlist

In September, the US LIBOR alternative rate continued to gain market acceptance:

SOFR-based debt issuances and swaps continued to grow, including the first-ever SOFR-based muni-bond by New York's MTA.
The ARRC released consultations on fallback contract language.
The ARRC also published a new and very useful set of SOFR-related FAQs complete with links to source materials.

We've updated our handy watchlist with all the latest: WATCHLIST: Replacing LIBOR.

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Epsilon is a vibrant capital markets technology solutions and services firm serving small and medium-sized financial institutions such as regional banks, Government-Sponsored Enterprises, and Federal Home Loan Banks. The Group’s deep expertise embraces every aspect of software development, products, data, technologies, and consulting. Epsilon offers ETS and Principia Analytic System as licensed products, and various innovative bespoke solutions across a broad set of capital markets domains. Epsilon also offers a full range of consulting services, including implementation, advisory, analytics, risk management, accounting, and data modeling.