Cme group announces launch of cme term sofr reference rates

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 6-month tenors. these benchmarks are based on cme group's deep and liquid underlying sofr futures, making them a robust and sustainable measure of forward-looking sofr rates.
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