Stan Chart eyes Sofr development in Reg S market

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Stan Chart eyes Sofr development in Reg S market

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In this photo illustration the Standard Chartered logo seen displayed on a smartphone. (Photo by Rafael Henrique / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

Standard Chartered this week became the first bank to launch a Sofr-linked deal in the 144A/Reg S dollar market, as it looked to introduce the Libor replacement rate to a more global audience.

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