News
Interest Rate Derivatives
When markets move fast, accurate data matters: stay ahead with TraditionData
By Saracen Fletcher
11 Apr 2025
Market Data
Tradition extends lead as premier IDB for DV01 USD trades
By Ian Sams
10 Apr 2025
Energy & Commodities
Tradition wins 5 categories in Risk.net’s 2025 Energy Commodity Rankings
By TraditionData
4 Apr 2025
Business update
John Crisp Appointed Head of FX Data Product & Strategy
31 Mar 2025
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AMERIBOR (American Interbank Offered Rate) is a new alternative reference rate (ARR) for the U.S. dollar interbank lending market. As a benchmark it is designed to replace the current reference rate, the London Interbank Offered Rate (LIBOR), which was phased out at the end of 2021.
AMERIBOR has been published by the American Financial Exchange (AFX) since 2015. Unlike SOFR, AMERIBOR is based on unsecured loans and therefore contains a credit component that is more indicative of true funding costs for a wide variety of financial institutions, typically with assets under $250BN.
AFX represents approximately 25% of all U.S. banks (source = AFX) and has traded more than $1 trillion since inception.
Key features of AMERIBOR include;
Insight
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