Discover how reference rates like the SOFR and prime rate serve as benchmarks for setting interest rates, and explore their impact on mortgages and financial contracts.

Adds product code. No change to text. SHANGHAI/SINGAPORE, Feb 20 (Reuters) - China cut the benchmark reference rate for mortgages at a monthly fixing on Tuesday by more than expected, as authorities ...

NEW YORK, Sept 26 (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday his bank is launching a new panel with private market participants on the reference rates markets ...

China set the yuan’s daily reference rate at a level that was below market estimates by a record margin, in the latest sign ...

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — China’s central bank has cut ...

The Financial Accounting Standards Board has released an update on its recent guidance on reference rate reforms to clarify its scope. With reference reforms, banks and other financial institutions ...

SHANGHAI/SINGAPORE, Feb 19 (Reuters) - China is widely expected to trim its benchmark mortgage reference rate at a monthly fixing on Tuesday, as banks' improving net interest margins give authorities ...

CHICAGO, April 21, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it is publishing CME Term SOFR Reference Rates for 1-month, 3-month and ...

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, ...

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited ...

The reference rates will be settled in US time, providing a new risk management tool to meet institutional client demand. Derivatives giant CME Group has confirmed plans for a new daily US dollar ...