Ice benchmark administration launches ‘beta' usd sofr ice swap rate® and usd sofr spread-adjusted ice swap rate® to assist non-linear market in its transition to sofr

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 (iba) has launched an indicative, ‘beta', version of its u.s. dollar (usd) ice swap rate® for sofr interest rate swaps and a ‘beta' usd sofr spread-adjusted ice swap rate® to assist the non-linear market in its transition to sofr. iba's indicative, ‘beta', usd sofr ice swap rate and usd spread-adj
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