masa1792018
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Goodbye LIBOR... Hello SOFR: Did you get the story?
Tired of complex financial terms? You are not alone!
Tired of complex financial terms? You are not alone! But let me tell you about something important that changes the game in the financial world: SOFR. This abbreviation that may seem strange is simply "Secured Overnight Financing Rate". Imagine that LIBOR, that old benchmark that ruled interest rates for decades, has retired to make way for a stronger and more transparent new player!
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