April 07, 2020

Quarter-End Interest Rate Update: What You Can Expect with the Current Market [VIDEO]

Posted by Hedge Trackers
In this video, Ruth Hardie, senior director of client services, provides an overview of what you can expect from interest rate swaps given the current large drop in rates.
Read More
March 16, 2020

Fed Takes Fed Funds Rate to Zero: How Zero Percent Floors Impact Hedge Programs

Posted by Farah Lotia
On Sunday afternoon, the Federal Open Market Committee (FOMC) reduced its target rate by 100bps to a range of 0-0.25%. Zero percent interest rates are quickly becoming a reality in the United States. In fact, treasury inflation-protected...
Read More
March 06, 2020

How the Coronavirus Can Impact Your FX Cash Flow Hedge Program

Posted by Karen Gubler
Many companies will be affected by a global pandemic (should it come to fruition)—and a number are already being affected just by the containment efforts. We see three sources that will be affected:
Read More
March 04, 2020

The Fed's Emergency Rate Cut: What This Means for Interest Rate Hedges

Posted by Ruth Hardie
On March 3, 2020, the Federal Open Market Committee (FOMC) made an emergency 50bp interest rate cut in response to the Coronavirus’ impact on the U.S. economy. Both Cash Flow and Fair Value interest rate hedgers will be affected by the change.
Read More
December 03, 2019

A Voice for Corporates: The AFP LIBOR Task Force

Posted by Ruth Hardie
David Bowman with the Federal Reserve Board has asked the Association for Finance Professionals (AFP) to be the voice of Corporate Treasury in terms of addressing LIBOR for the Alternative Reference Rates Committee (ARRC) as part of the...
Read More
November 07, 2019

Interest Rate Reform and Implications on Foreign Currency Derivatives

Posted by Karen Gubler
What's the Issue? Britain is ending support of the London Interbank Offered Rate (LIBOR) on or about 2021. US regulators currently plan to replace LIBOR with the Secured Overnight Financing Rate (SOFR) curve. The pending “Illiquid LIBOR Market”...
Read More
November 06, 2019

November 2019 Update: Your LIBOR Questions, Answered

Posted by Ruth Hardie
LIBOR has been referred to as the plumbing buried in many financial contracts, and the end of LIBOR will cause a seismic shift in the financial markets. I had the privilege of speaking about LIBOR in a podcast and a live-stream session at the...
Read More
October 04, 2019

Hedge Trackers Prepares Clients for Impending Interest Rate Reform & SOFR Transition

Posted by Farah Lotia
You Can Rely on Us If you use Hedge Trackers’ Outsourcing and/or Software suite (Capella) services, you might be wondering what’s going to happen when interest rate reform occurs and SOFR replaces LIBOR in early 2021. Although that seems a bit...
Read More
September 06, 2019

FASB Proposed Guidance for LIBOR to SOFR Transition

Posted by Ruth Hardie & Farah Lotia
As a follow up to FASB’s June initiative to provide accounting relief to organizations that will need to modify their contracts as LIBOR is replaced by SOFR, FASB released a proposed Accounting Standards Update on Thursday.
Read More
1 2