GFOA Offers Guidance on the LIBOR/SOFR Transition

Thursday, October 10, 2019 in Press

The GFOA, in partnership with the Alternative Reference Rates Committee (ARRC), published a two-page guide for municipal issuers. The purpose of the document is to give the reader a basic understanding of the LIBOR/SOFR transition and rationale as well as general considerations for municipal issuers over the next few years.

Additionally, this week, the Treasury Department moved to smooth the transition away from LIBOR by proposing a rule allowing market participants to change the reference rate on any contract without tax consequences.


Back to All News

Recent News

Arbitrage Rebate Calculation Services Webinar with Arbitrage Rebate Counselors (ARC)
January 12, 2026

Join IMET for a live webinar featuring John Rogers of Arbitrage Rebate Counselors, who will provide an overview of Arbitrage Rebate Calculation Services (ARCS). This session will highlight how today’s rate environment can affect rebate and yield-restriction outcomes.

Arbitrage Rebate Calculation Services Webinar

Read more
IMET Participant Spotlight: Richton Park
January 06, 2026

In this edition of the IMET Participant Spotlight, we feature the Village of Richton Park and Wasiu Fashina, Assistant Village Manager and Director of Finance, who shares how the Village utilizes IMET to support reserve funds, prioritize safety of principal, and strengthen its long-term financial strategy.

Participant Spotlight Presents: Village of Richton Park

Read more
IMET DECEMBER 2025 Monthly Newsletter
December 18, 2025

Click on the link below to read the latest IMET Monthly Newsletter:

IMET December 2025 - Monthly Newsletter

Read more
IMET Participant Spotlight: St. Clair County
November 25, 2025

In this edition of the IMET Participant Spotlight, we feature St. Clair County Treasurer Andy Lopinot, who shares how the county has utilized IMET for several years to keep its investments safe, liquid, and competitive while strengthening its long-term financial strategy.

IMET Participant Spotlight: St. Clair County

Read more
View All News