RFR Adoption increases again but markets see lower volumes
The ISDA-Clarus RFR Adoption Indicator jumped to a new all-time high of 43.8% in April 2022. This has been driven by increased SOFR adoption, hitting a new high of 47%. SOFR is now comfortably the largest RFR market. More SOFR risk traded ($8bn DV01) last month than all other RFRs combined. 22.8% of EUR risk traded versus […]