Cash markets and term RFRs
Cash markets and term RFRs
Cash markets and term RFRs
Some cash markets have quickly adopted RFRs, but borrowers may have to accept less visibility than they were used to with Libor.
- What’s wrong with compounding in arrears for cash markets?
- Where are the similarities and differences in RFR usage across these markets?
- How are term rates being constructed and when will they be available?
Speakers
Meredith Coffey
EVP, president of research & public policy
LSTA
Meredith Coffey is Executive Vice President of the Loan Syndications and Trading Association (LSTA), and runs Research Department and co-heads the LSTA’s regulatory and CLO efforts, which help facilitate continued availability of credit and the efficiency of the loan market. In addition, Ms. Coffey heads efforts to analyze current and anticipated loan market developments, helping the LSTA build strategy and improve market efficiency, and providing commentary through weekly newsletters, periodic conferences and webcasts. Ms. Coffey and the analyst team also engage market participants, press and regulators on issues and developments in the global loan market. Ms. Coffey has published analysis on the syndicated loan market in numerous books and periodicals, presents frequently, and has testified several times before Congress on issues pertaining to theloan and CLO markets. Prior to joining the LSTA, Ms. Coffey was Senior Vice President and Director of Analysis focusing on the loan and adjacent markets for Thomson Reuters LPC, working in and running loan research for 15 years. Ms. Coffey has a B.A. in Economics from Swarthmore College and a graduate degree in Economics from New York University.
Tilman Lueder
Head of securities markets unit
European Commission
Tilman Lueder holds a doctorate in law from the University of Tübingen.
Before joining the European Commission in 1999, Tilman was as an associate in Cleary Gottlieb Steen and Hamilton LLP. He worked on European and German antitrust and merger control issues.
His first job in the Commission was that of a case manager dealing with antitrust and state aid cases in the area of post and telecommunications in the Directorate General for Competition.
In 2002, he became the spokesperson to Commissioner Mario Monti, responsible for Competition, a position he successfully held until being appointed, in 2005, Head of the Copyright Unit of Directorate General for the Internal Market (DG MARKT).
He pursued his career to become Head of the Asset Management Unit (2011-2015) in DG MARKT, later the Directorate General for Financial Stability, Financial Services and the Capital Markets Union (DG FISMA).
As of September 2015, Tilman heads the Securities Markets Unit in DG FISMA.
Alaistair Sharp
Managing director
Credit Suisse