ARRC announces Refinitiv as publisher of its spread adjustment rates for cash products

The Alternative Reference Rates Committee (ARRC) has selected Refinitiv, an LSEG (London Stock Exchange Group) business, to publish its recommended spread adjustments and spread-adjusted rates for cash products, following a robust request for proposals (RFP) process. 

Refinitiv will publish ARRC-recommended spread adjustments to Secured Overnight Financing Rate (SOFR)-based rates and spread-adjusted SOFR-based rates for cash products that transition away from US dollar (USD) LIBOR.
 
“I am delighted Refinitiv is making this important contribution to the market's transition from USD LIBOR,” says David Craig, Group Head, Data & Analytics, CEO Refinitiv, LSEG. “The ARRC’s decision to choose Refinitiv builds upon our strong track-record in this area.”