News
Business update
TraditionData Team strengthened with two new appointments
By TraditionData
20 Jan 2025
Interest Rate Derivatives
TraditionData’s Korean FX and Rates: precision in a volatile market
By Saracen Fletcher
17 Jan 2025
Energy & Commodities
Oil Swap Model- product update
By Francesca Marrone
16 Jan 2025
Interest Rates, FX & MM updates: January 2025
By Jessica Kalaria
13 Jan 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
The importance of high-quality OTC data in navigating inflationary uncertainty
By Jim Mahn
9 Oct 2023
Tradition appointments to the CFTC Global Markets Advisory Committee (GMAC) & associated Subcommittees
27 Jul 2023
Data insights key for financial players to capitalise on SORA
By Ian Sams
27 Jun 2023
Rates market turmoil boosts demand for modelled LIBOR alternatives
17 May 2023