Any Good Post-LIBOR Rates Options/Swaps Reading Material?
Looking for anything on SOFR specifically. Even Hull books seem to be before libor was phased out.
Looking for anything on SOFR specifically. Even Hull books seem to be before libor was phased out.
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For a deep dive into the transition from LIBOR to SOFR and its implications on rates and swaps, here are some recommended readings and resources based on the WSO content:
Interest Rate Swaps and Other Derivatives by Howard Corb - While this book primarily covers the broader aspects of swaps and derivatives, it provides a solid foundation that can be helpful in understanding the nuances of newer benchmarks like SOFR. Although it was written before the LIBOR phase-out, the fundamental concepts remain relevant.
"The end of LIBOR" thread on Wall Street Oasis - This forum discussion from August 27, 2018, explores the early adoption challenges and considerations of SOFR in real estate loans. It provides real-world insights from finance professionals about transitioning from LIBOR to SOFR.
"Pick Your Poison | The Daily Peel | 10/6/21 | Wall Street Oasis" - This article discusses the significant shift from LIBOR to SOFR, emphasizing the importance of this change in the financial markets. It compares SOFR to LIBOR, highlighting SOFR's advantages as a more accurate reflection of market conditions due to its basis in actual transactions.
These resources should provide a comprehensive understanding of the transition from LIBOR to SOFR, especially in the context of rates and swaps.
Sources: Pick Your Poison | The Daily Peel | 10/6/21, S&T Literature/Books for Interns?, Q&A: Non-Target School to Portfolio Manager at a Top Hedge Fund – 6 Years Out of Undergrad, For love of the game, The end of LIBOR
Looking for such materials as well as I am starting FT on a related desk.
Have came across this book "Pricing and Trading Interest Rate Derivatives: A Practical Guide to Swaps" not sure whether it's good since I have yet to purchase it but it is surely up-to-date.
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