*This event is no longer open and has already taken place.
Bumpy Road Ahead – LIBOR-SOFR Transition
Are You Ready for LIBOR-SOFR?
Preparing Your Credit Union for the LIBOR-SOFR Transition
May 25, 2021 11:00 am - 12:00 pm CDT
In this session, we will focus on why financial institutions are transitioning away from LIBOR as a benchmark, and how your institution can prepare for the transition.
More than $200 trillion in US dollar denominated assets are pegged to LIBOR, which is going away in less than two years. How will this seismic change impact your financial institution? Tune in to learn more about why LIBOR is disappearing, how it impacts both new issues and outstanding bonds, what alternative benchmarks may be used after LIBOR, and what your financial institution needs to do to prepare.
Key Objectives & Key Take-Aways:
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Understand why the world is transitioning away from LIBOR
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Describe and compare the alternatives to LIBOR, including SOFR and Ameri-BOR:
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Determine the impact on current and new issue bonds from the benchmark change
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Highlight steps your institution can take in preparation for the change
Level: Basic
Advanced Preparation: None
Prerequisites: None
Field of Study: Finance
CPE Credit(s): 1
Delivery Method: Group Live
COST: FREE
Meet your Presenters!
Refunds/Cancellations/Complaints:
Requests for refunds must be received in writing 2 days prior to training date for a full refund of registration fees. If a program is cancelled, the participant will be notified immediately by email and a full refund will be issued. For more information regarding administrative policies such as complaints and refunds please contact our offices by email: training@hedgestar.com or by phone: 866-200-9012.
HedgeStar is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org