News
Market Data
Tradition extends lead as premier IDB for DV01 USD trades
By Ian Sams
18 Aug 2025
Product enhancement
US Power – Product Update
By Francesca Marrone
14 Aug 2025
Product notification
Interest Rates and FX updates: August 2025
By Jessica Kalaria
13 Aug 2025
FX & Money Markets
US market volatility struck Friday impacting FX Forwards pricing
By John Crisp
8 Aug 2025
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AMERIBOR (American Interbank Offered Rate) is a new alternative reference rate (ARR) for the U.S. dollar interbank lending market. As a benchmark it is designed to replace the current reference rate, the London Interbank Offered Rate (LIBOR), which was phased out at the end of 2021.
AMERIBOR has been published by the American Financial Exchange (AFX) since 2015. Unlike SOFR, AMERIBOR is based on unsecured loans and therefore contains a credit component that is more indicative of true funding costs for a wide variety of financial institutions, typically with assets under $250BN.
AFX represents approximately 25% of all U.S. banks (source = AFX) and has traded more than $1 trillion since inception.
Key features of AMERIBOR include;
Insight
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