SSAR

摘要

The world bank extended the limits of the secured overnight financing rate (SOFR) market boundaries with a US$500m five-year, the longest maturity on record for a deal referencing the rate. The Washington supranational has been at the forefront of US Libor's alternative reference rate, being the first international public-sector issuer to price a deal, behind only the US government-sponsored enterprises - a US$1bn two-year in August 2019 at 22bp over.