News
Market Data
Want to stay ahead in Mexico’s fast-changing swaps market?
By Ian Sams
10 Dec 2024
Tradition extends outperformance in November 2024
5 Dec 2024
Energy & Commodities
End of day European Light End – Product enhancement
By Francesca Marrone
29 Nov 2024
Energy Market Overview: Oil Price Decline and Renewed Focus on Fossil Fuels
22 Nov 2024
"*" indicates required fields
Δ
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
By TraditionData
27 Jul 2023
Data insights key for financial players to capitalise on SORA
27 Jun 2023
Rates market turmoil boosts demand for modelled LIBOR alternatives
17 May 2023