SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.

Remember Libor? For decades, the London interbank offered rate was the benchmark for pricing a wide variety of loans, including adjustable-rate mortgages. But over recent years, it’s been ...

Bahrain - MPs yesterday unanimously approved new funding provisions of $80 million to Al Dur Independent Water and Power ...

LIBOR is an abbreviation for London Interbank Offered Rate that is a widely used rate but currently has gone through trust issue due to the manipulation issues. SOFR (Secured Overnight Financing ...

Planning an international trip brings plenty of excitement — and plenty of questions about handling money abroad. Travelers ...

WASHINGTON - The Inter-American Development Bank (IDB) has expanded its Global Debt Program with the issuance of $100 million ...

That deal paid an interest margin of 175 basis points over the then-prevailing London Interbank Offered Rate benchmark, the data shows. This is a stark contrast to the lender’s latest loan ...

That deal paid an interest margin of 175 basis points over the then-prevailing London Interbank Offered Rate benchmark, the data show. This is in stark contrast to the lender’s latest fundraising.

Libor - the London Inter-bank Offered Rate - is calculated from banks' estimates of how much it costs them to borrow from other banks, and is then used as a reference rate to determine the ...

Secretary of State Marco Rubio said the U.S. will ban certain Cuban payments, mirroring Trump's pressure on cross-border ...