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Creating a blueprint for LIBOR transition

January 7, 2021 - 2:35 minutes

Leveraging our knowledge and research on LIBOR transition and SOFR rates, we created an optimal legacy bond swap for Federal Farm Credit Bank (FFCB). The swap can be viewed as a potential playbook for clients stuck with outstanding legacy cash bonds linked to LIBOR past 2021.

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The information contained in this material is for informational purposes only and is not intended to provide professional, investment or any other type of advice or recommendation, or to create a fiduciary relationship. Neither TD Securities (USA) LLC ("TD Securities USA") nor any of its affiliates (collectively, "TD") makes any representation or warranty, express or implied, regarding the accuracy, reliability, completeness, appropriateness or sufficiency for any purpose of any information included in this material. Certain information may have been provided by third-party sources and, while believed to be reliable, has not been independently verified by TD, and its accuracy or completeness cannot be guaranteed.
Priya Misra headshot

Priya Misra
Managing Director and Global Head of Rates Strategy, TD Securities

Priya Misra headshot

Priya Misra
Managing Director and Global Head of Rates Strategy, TD Securities

Priya Misra headshot

Priya Misra
Managing Director and Global Head of Rates Strategy, TD Securities

Eileen Solla-Diaz head shot

Eileen Solla-Diaz
Managing Director and Head of Public Finance & U.S. Agency Debt Capital Markets, TD Securities

Eileen Solla-Diaz head shot

Eileen Solla-Diaz
Managing Director and Head of Public Finance & U.S. Agency Debt Capital Markets, TD Securities

Eileen Solla-Diaz head shot

Eileen Solla-Diaz
Managing Director and Head of Public Finance & U.S. Agency Debt Capital Markets, TD Securities

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