Following the introduction of the Risk-Free Rates (RFRs) in Fairways Debt in June 2023 to comply with the global standard implementation for floating interest rates, new rates are now available on the platform.
You can select these new rates from the list of the available indexes when creating a transaction in the Debt & Derivatives application:
- CAD: CORRA
- USD: Average SOFR 1M, Average SOFR 3M and Average SOFR 6M
- Contact your Finance Active consultant to enable the indexes.
- Average SOFRs indexes will be available in the Pricers application and the Quick Quotation module at a later date.
See Risk-Free Rates (RFRs) for more information on RFRs.
See Indexes for more information on rate indexes.
See the Portfolio section for more information on the transaction creation procedures.