Reference rates | Interest rates
Secured Overnight Financing Rate (SOFR) is a secured interbank overnight interest rate. SOFR is a reference rate (that is, a rate used by parties in commercial contracts that is outside their direct control) established as an alternative to LIBOR. LIBOR has been published in a number of currencies and underpins financial contracts all over the world. Because LIBOR is derived from banks' daily quotes of borrowing costs, banks were able to manipulate the rates through lying in the surveys. Deeming it prone to manipulation, UK regulators decided to discontinue LIBOR in 2021. In 2022, the LIBOR Act passed by the U.S. Congress established SOFR as a default replacement rate for LIBOR contracts that lack mechanisms to deal with LIBOR's cessation. The Act also grants a safe harbor to LIBOR contracts that transition to SOFR. Previously, SOFR was seen as the likely successor of LIBOR in the US since at least 2021. SOFR uses actual costs of transactions in the overnight repo market, calculated by the New York Federal Reserve. With US government bonds serving as collateral for borrowing, SOFR is calculated differently from LIBOR and is considered a less risky rate. The less risky nature of SOFR may result in lower borrowing costs for companies. In addition, unlike the forward-looking LIBOR (which can be calculated for 3, 6 or 12 months into the future), SOFR is calculated based on past transactions, which limits the rate's predictive value on future interest rates. In addition, SOFR is overnight, whereas LIBOR can have longer tenors. (Wikipedia).
What is a Bézier curve? Programmers use them everyday for graphic design, animation timing, SVG, and more. #shorts #animation #programming Animated Bézier https://www.jasondavies.com/animated-bezier/
From playlist CS101
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From playlist Science Unplugged: General Relativity
Vodafone-Happy to Help Ad (full)
In some very special way I still remain loyal to this brand,yet another spectaculary meaningful ad from O&M..gd going
From playlist Advertisements
An general explanation of the underactive thyroid.
From playlist For Patients
In quantum mechanics, a boson is a particle that follows Bose–Einstein statistics. Bosons make up one of the two classes of particles, the other being fermions. The name boson was coined by Paul Dirac to commemorate the contribution of the Indian physicist Satyendra Nath Bose in developing
From playlist Science Unplugged: Particle Physics
From playlist Japan: soroban and Flash anzan
You'd think I'd have better things to do with my time...
From playlist My Other Videos
Crop Water Requirements (Contd.)
From playlist TEMP 1
C-minimal valued fields - F. Delon - Workshop 2 - CEB T1 2018
Fran¸coise Delon (CNRS – Université Paris Diderot) / 07.03.2018 C-minimal valued fields. A natural language to study valued fields is Ldiv := (+, −, ·, 0, 1, div) where div(x, y) is a binary predicate interpreted by v(x) ≤ v(y). An expansion (K,L) of (K,Ldiv) is C-minimal if for every el
From playlist 2018 - T1 - Model Theory, Combinatorics and Valued fields
Guillaume Martin: Evolutionary rescue over a phenotype fitness landscape: across the mutation...
Evolutionary rescue (ER) is the process by which a population, initially destined to extinction due to environmental stress, avoids extinction via adaptive evolution. One of the widely observed pattern of ER (especially in the study of antibiotic resistance) is that it is more likely to oc
From playlist Dynamical Systems and Ordinary Differential Equations
Olivier Benoist: On the Lüroth problem for real varieties
Abstract: The Lüroth problem asks whether every unirational variety is rational. Over the complex numbers, it has a positive answer for curves and surfaces, but fails in higher dimensions. In this talk, I will consider the Lüroth problem for real algebraic varieties that are geometrically
From playlist Algebraic and Complex Geometry
Olivier Benoist: Sums of three squares and Noether-Lefschetz loci
Abstract: It is a theorem of Hilbert that a real polynomial in two variables that is nonnegative is a sum of 4 squares of rational functions. Cassels, Ellison and Pfister have shown the existence of such polynomials that are not sums of 3 squares of rational functions. In this talk, we wil
From playlist Algebraic and Complex Geometry
François Le Maître: Full groups, cost, symmetric groups and IRSS
Find this video and other talks given by worldwide mathematicians on CIRM's Audiovisual Mathematics Library: http://library.cirm-math.fr. And discover all its functionalities: - Chapter markers and keywords to watch the parts of your choice in the video - Videos enriched with abstracts, b
From playlist Algebra
Bertrand Eynard: Integrable systems and spectral curves
Usually one defines a Tau function Tau(t_1,t_2,...) as a function of a family of times having to obey some equations, like Miwa-Jimbo equations, or Hirota equations. Here we shall view times as local coordinates in the moduli-space of spectral curves, and define the Tau-function of a spect
From playlist Analysis and its Applications
Philippe Michel - 3/4 Automorphic forms for GL(2)
Philippe Michel - Automorphic forms for GL(2)
From playlist École d'été 2014 - Théorie analytique des nombres
Definition of an Injective Function and Sample Proof
We define what it means for a function to be injective and do a simple proof where we show a specific function is injective. Injective functions are also called one-to-one functions. Useful Math Supplies https://amzn.to/3Y5TGcv My Recording Gear https://amzn.to/3BFvcxp (these are my affil
From playlist Injective, Surjective, and Bijective Functions
Anne Sophie Bonnet-Ben Dhia: A new complex spectrum associated to invisibility in waveguides
Abstract: We consider an acoustic waveguide modeled as follows: {Δu+k2(1+V)u=0∂u∂y=0inonΩ=ℝ×]0,1[∂Ω where u denotes the complex valued pressure, k is the frequency and V∈L∞(Ω) is a compactly supported potential. It is well-known that they may exist non trivial solutions u in L2(Ω), calle
From playlist Mathematical Physics